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Mar 11, 2013
03/13
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a trip to capitol hill is on the agenda for president obama this week. he'll visit with senate and house republicans as well as democrates with hopes of breaking the gridlock a meeting with gop senators is scheduled for thursday. the president and congressional leaders have failed to reach a deal to stop $85 billion dollars in automatic budget cuts from happening. so the president is reaching out to rank and file members. a white house aide says the president will also cover the subjects of immigration reform and gun control while on the hill. in our cover story---there's a lot of carrying on about what you may carry on airline flights beginning a month and a half from now.the t-s-a will soon allow small knives and sports equipment to be brought into the cabin.flight attendants and some passengers are not happy. the t-s-a says small folding knives pose little threat to armed pilots locked behind cockpit doors. instead, the tsa says it will focus on searching for explosives that could bring down an airliner. "i think that's a great idea if that's what the
a trip to capitol hill is on the agenda for president obama this week. he'll visit with senate and house republicans as well as democrates with hopes of breaking the gridlock a meeting with gop senators is scheduled for thursday. the president and congressional leaders have failed to reach a deal to stop $85 billion dollars in automatic budget cuts from happening. so the president is reaching out to rank and file members. a white house aide says the president will also cover the subjects of...
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Jan 14, 2013
01/13
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video game creators met with vice president joe biden last week. the obama administration is seeking information from the industry on factors that influence violence following last month's shootings in newtown, conneticut. salaries for new grads are on the rise. the job market is still lagging, but starting salaries for 2012 college grads are up 3.4% according to a new survey. salaries in education grew the most, at 5.4% over last year. the average salary ranges from the mid-30s for health and human service jobs to 60 thousand dollars for engineering grads. the famous grauman chinese theater in hollywood has a new name. it will now be called the tcl chinese theater, after chinese tv-maker tcl bought naming rights to the 85-year- old theater. it is an icon of hollywood and draws about 4 million visitors each year for red-carpet premiers. tcl's ceo hopes a hollywood presence will increase the company's profile and better connect the cultures of china and north america. still to come, zoning in on the trading floor. a look at how traders pushed to tak
video game creators met with vice president joe biden last week. the obama administration is seeking information from the industry on factors that influence violence following last month's shootings in newtown, conneticut. salaries for new grads are on the rise. the job market is still lagging, but starting salaries for 2012 college grads are up 3.4% according to a new survey. salaries in education grew the most, at 5.4% over last year. the average salary ranges from the mid-30s for health and...
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Aug 19, 2013
08/13
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president obama hits the road this week starting in upstate new york. he'll take a bus tour through buffalo, syracuse and binghamton to discuss higher education.after new york, he hits scranton,pennsylvania. on the agenda: the importance of college education, and proposals to reduce the cost.critics say the rallies are making it harder to come to a fiscal deal with congress. the speeches come before an upcoming debate over the federal budget and the debt ceiling. boeing is said to be secretly testing a new way to build jets.the seattle times reports-- next month engineers will test advanced automation in building the soon to be launched 777x.automation could drastically reduce production time. friday-- the wall street journal reported.. boeing traced an electrical wiring problem in 3 dreamliners to a supplier.the issue was noticed during maintenance on 787's owned by japaneser airline ana holdings.a boeing official tells reporters it does not impact the jets performance. retailers are using new methods to revive sluggish back-to- school sales.the nation
president obama hits the road this week starting in upstate new york. he'll take a bus tour through buffalo, syracuse and binghamton to discuss higher education.after new york, he hits scranton,pennsylvania. on the agenda: the importance of college education, and proposals to reduce the cost.critics say the rallies are making it harder to come to a fiscal deal with congress. the speeches come before an upcoming debate over the federal budget and the debt ceiling. boeing is said to be secretly...
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Sep 16, 2013
09/13
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last week the dow logged its best week since january. friday the dow rose 75 points, the nasdaq gained 6, and the s&p 5. gold lost more shine- and oil closed around $108 per barrel. fed taper talk---the market will also be on edge this week as the federal reserve meets -- with comments coming from fed chairman ben bernanke. ulta glams up wall street. after delivering blow out earnings news. shares of the cosmetics company soared 17%. and rising cocoa butter costs are beginng to sweeten chocolate prices. especially in china where the candy is in high demand. scott bauer of trading advantage joins us now from the trading floor. this is a big week for traders especially with the fed meeting coming up. > >it sure is. > >what do you think is likely to happen? > >it looks like the market is really pricing in some reduction some reduction in tarp here. some reduction probably somewhere between 10 to 20 billion a month. if that happens you may see just a little bit of a selloff but then i would think that the market would keep this acceleration-
last week the dow logged its best week since january. friday the dow rose 75 points, the nasdaq gained 6, and the s&p 5. gold lost more shine- and oil closed around $108 per barrel. fed taper talk---the market will also be on edge this week as the federal reserve meets -- with comments coming from fed chairman ben bernanke. ulta glams up wall street. after delivering blow out earnings news. shares of the cosmetics company soared 17%. and rising cocoa butter costs are beginng to sweeten...
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Sep 23, 2013
09/13
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members of the obama administration will drop in on detroit this week. the motor city is reeling from the largest case of bankruptcy in u.s. history. a meeting between the president's economic staff and michigan' governor rick snyder is expected, friday. the obama administration has reportedly told officials in detroit that federal resources may be available to motown. a total bailout however, is not likely. the next bankruptcy hearing is october 23rd. consumers are losing an appetite for olive garden and red lobster. darden which own both chains reported a sharp drop in profits from its restaurants last quarter. the company blamed cautious consumer spending. darden has named gene lee has it's new president and ceo. going forward the restaurant chain wans to cut spending by $50 million a year. it includes more job cuts-- but not at the restaurant level. the only thing more popular than the just-released iphone 5-s, is the same phone in gold. demand for the gold-colored metal case is highest in asia, where apple has reportedly asked suppliers to pick up t
members of the obama administration will drop in on detroit this week. the motor city is reeling from the largest case of bankruptcy in u.s. history. a meeting between the president's economic staff and michigan' governor rick snyder is expected, friday. the obama administration has reportedly told officials in detroit that federal resources may be available to motown. a total bailout however, is not likely. the next bankruptcy hearing is october 23rd. consumers are losing an appetite for olive...
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Nov 27, 2013
11/13
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the obama administration put out report that supplemental nutrition assistance program kept close to 5 million people out of poverty last year. profits from the banking sector declined in the lastest quarter.banks earned $36 billion from july to september. down $1.5 billion from the third quarter of 2012.the fdic blames the brunt of the decrease in profits from a $4 billion dollar increase in money spent on litigation. the fdic is not naming names. but it rhymes with "shmorgan" ford is recalling its escape crossover-utlity vehicle for the seventh time.the latest problems center around possible fuel and oil leaks that could cause fires. 13 fires have been reported.. none of the fires have caused injuries. in total nearly 175-thousand vehicles are a part of this recall. motorola is releasing its discount smartphone ahead of schedule..the moto g will arrive in stores about a month earlier than planned. motorola will sell the 179 dollar "contract free" smartphone starting next tuesday, just in time for christmas. still to come a stock thats boiling over with activity. plus...the big name
the obama administration put out report that supplemental nutrition assistance program kept close to 5 million people out of poverty last year. profits from the banking sector declined in the lastest quarter.banks earned $36 billion from july to september. down $1.5 billion from the third quarter of 2012.the fdic blames the brunt of the decrease in profits from a $4 billion dollar increase in money spent on litigation. the fdic is not naming names. but it rhymes with "shmorgan" ford...
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Jun 20, 2013
06/13
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president obama is back at the white house, following this week's g8 summit. while in germany -- the president made note of the devestating unemployment numbers in europe. he stressed a need to adjust policies in order to tackle the high youth unemployment, which tops 50% in some regions. the trucking industry is embarking on a rocky road. new regulations go into effect july 1st: requiring more rest periods for truckers, and limits drivers to 70 hours per week versus the current 82 hours. safety groups say the rules do not go far enough. trucking companies say it means $1.4 billion in lost productivity . the oil boom in the u.s. is creating a bust situation for opec. bp recently reported.. the u.s. pumped out a record 14% increase in oil production last year. a report by cnn money suggests: while opec still controls the majority of world oil reserves... the u.s. output could but a crimp on opec pricing. currently oil prices are closing in on $100 dollars per barrel. the world bank is committing billions of dollars to cities said to be at a high-risk of climate
president obama is back at the white house, following this week's g8 summit. while in germany -- the president made note of the devestating unemployment numbers in europe. he stressed a need to adjust policies in order to tackle the high youth unemployment, which tops 50% in some regions. the trucking industry is embarking on a rocky road. new regulations go into effect july 1st: requiring more rest periods for truckers, and limits drivers to 70 hours per week versus the current 82 hours....
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Nov 8, 2013
11/13
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president obama met this week with a handful of senate democrats. the lawmakers are reportedly nervous about whether the less-than smooth rollout of the affordable care act's website will impact their re-election bids. senators begich of alaska and udall of colorado are two, anxious that fuming constituents in their states may take out their frustrations on them at the ballot box. however, white house spokesman jay carney says the president is not concerned that the technical glitches related to the affordable care act will affect next year's mid-term elections. goldman sachs is the latest bank to confirm its under investigation.investigators from the u.s. and europe are checking into suspicious foreign exchange trading at several major banks. jpmorgan chase, citigroup, barclays, ubs, deutsche bank and royal bank of scotland are also facing probes.usa today reports --it's believed regulator are examining evidence that bank traders used inside information for rate rigging. the banks are cooperating. the cia is paying at&t for data to help with counte
president obama met this week with a handful of senate democrats. the lawmakers are reportedly nervous about whether the less-than smooth rollout of the affordable care act's website will impact their re-election bids. senators begich of alaska and udall of colorado are two, anxious that fuming constituents in their states may take out their frustrations on them at the ballot box. however, white house spokesman jay carney says the president is not concerned that the technical glitches related...
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Mar 20, 2013
03/13
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the senate banking committee is approving two of president obama's appointments. this week the committee voted unanimously to approve mary jo white as head of the sec. she is expected to be approved by the full senate later this week. meanwhile, the committee voted 12-to-10 on the nomination of consumer financial protection bureau head richard cordray. republicans may vote in order to block the nomination. some lawmakers have aruged they want more than one head to the bureau. the eyes of the sec and department of justice are on microsoft. according to the wall street journal, the probe involves microsoft's relationship with firms accused of bribing foreign officials in china, italy and romania. microsoft is not accused of any wrong doing. however, the sec is charging investment manager craig berkman with promising investors he had special access to pre-ipo stock in facebook, linkedin, zynga and groupon. berkman is accused of using their money to pay off earlier investors, similar to a ponzi scheme. ryan air ceo michael o'leary gives a colorful description of boein
the senate banking committee is approving two of president obama's appointments. this week the committee voted unanimously to approve mary jo white as head of the sec. she is expected to be approved by the full senate later this week. meanwhile, the committee voted 12-to-10 on the nomination of consumer financial protection bureau head richard cordray. republicans may vote in order to block the nomination. some lawmakers have aruged they want more than one head to the bureau. the eyes of the...
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Oct 12, 2013
10/13
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weeks. in exchange democrats including obama would have to engage in deficit reduction talks during the six weeks. reopening the government, something the house plan does not include but the president wants. house democrats are putting the pressure on. the republican caucus shut down the government, they shut down the government. and they are threatening to default on the national debt. the senate has its own idea, raise the debt ceiling but include money to reopen the government. it would slash the tax on medical devices and obama care. republican senators met with the president on friday. many members express concern about raising the debt limit without dealing with the $17 trillion dealt. it was a good exchange but inconclusive exchange. >>> talk of a potential deal in washington drove stock markets higher. the effects of the government shut down are far reaching at lake san ohma -- sonoma boaters forbidden to go to lake. park rangers are furloughed. other facilities around the reservoir
weeks. in exchange democrats including obama would have to engage in deficit reduction talks during the six weeks. reopening the government, something the house plan does not include but the president wants. house democrats are putting the pressure on. the republican caucus shut down the government, they shut down the government. and they are threatening to default on the national debt. the senate has its own idea, raise the debt ceiling but include money to reopen the government. it would...
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Mar 13, 2013
03/13
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the white house plans to release president obama's budget proposal in the second week of april. meanwhile, in mo-town, detroit city officials are making a plea to the governor. governor rick snyder recently declared the motor city was in a financial crisis and needs an emergency financial manager. some detroit city officials are sending a message to the governor they prefer sticking with a modified fix-it plan already in place. the detroit free press reports attorney kevyn orr, who managed chrysler's bankruptcy restructering, is the governor's top pick as financial manager. former gop presidential candidate mitt romney is also rumored as a possibility. the government continues to sell off its stake in gm. unfortunately, uncle sam took a loss on the latest trade. according to bloomberg news, the treasury sold 18 million shares when the stock traded between 26 and 28 dollars last month, collecting nearly a half- billion dollars in the process. all told, the government has recovered $29 billion of its $49-billion investment. the irs says h&r block is responsible for the delay of 60
the white house plans to release president obama's budget proposal in the second week of april. meanwhile, in mo-town, detroit city officials are making a plea to the governor. governor rick snyder recently declared the motor city was in a financial crisis and needs an emergency financial manager. some detroit city officials are sending a message to the governor they prefer sticking with a modified fix-it plan already in place. the detroit free press reports attorney kevyn orr, who managed...
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Oct 31, 2013
10/13
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opening arguments could begin next week. >>> president obama is hitting the road to defend his healthcare program in the wake of a series of web site issues for healthcare do the goff -- healthcare.gov. michelle macaluso on the growing criticism. >> despite its rocky roll out, these marketplaces will work laws massachusetts has shown that the model works. >> the affordable care act or obamacare was based on the former governor mitt romney. >> all the parade of horribles, the worst predictions about healthcare reform in massachusetts never came true. >> the obama administration has come under fire in recent days after hundreds of thousands of americans received cancelation notices from insurance companies because their individual health plans don't meet minimum standards set by the law. >> people like choices, and as i said, some people want to have chardonnay out of a piece of crystal stem wear and some people want a beer out of a red solo cup. >> they apologized for the botched web site. >> i'm as frustrated and angry as anyone with the flawed launch of healthcare.gov. now security issue
opening arguments could begin next week. >>> president obama is hitting the road to defend his healthcare program in the wake of a series of web site issues for healthcare do the goff -- healthcare.gov. michelle macaluso on the growing criticism. >> despite its rocky roll out, these marketplaces will work laws massachusetts has shown that the model works. >> the affordable care act or obamacare was based on the former governor mitt romney. >> all the parade of...
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Nov 13, 2013
11/13
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the administration is expected to release its own enrollment numbers this week. president obama is naming a new head to the commodity futures trading commission. his pick is timothy massad, who spent the past three years running the government's troubled asset relief program, better known as tarp. the president used the nomination as a chance to call on congress to completely fund the commodity futures trading commission. the current cftc head is due to depart in january.massad's nomination requires confirmation by the senate. the supreme court will decide a case related to bernie maddoff scandal. according to usa today the high court will decided whether jp morgan chase and other banks should pay for not taking a more aggressive approach against madoff's multi billion dollar ponzi scheme. the securities investor protection corporaiton argues investors should be part of the funds that are recovered from the scam. sea world is in the midst of a whale of a fight. the theme park is now asking a federal appeals court to overturn safety citations and a ban by the occu
the administration is expected to release its own enrollment numbers this week. president obama is naming a new head to the commodity futures trading commission. his pick is timothy massad, who spent the past three years running the government's troubled asset relief program, better known as tarp. the president used the nomination as a chance to call on congress to completely fund the commodity futures trading commission. the current cftc head is due to depart in january.massad's nomination...
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Feb 13, 2013
02/13
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a hearing is set for next week. president obama steps in to combat the growing threat of cyber attacks, including those against the nation's banks. the president will release, possibly as soon as today, an executive order to help thwart further breaches. this is in reaction to the recent targeting of pnc, citizens' bank and fifth third banks, among others. the president is taking action in the wake of congress' failure to pass cyber defense legislation last year. mgraw hill, the company that owns standard and poor's credit rating division, is lawyering up. the government is accusing s&p of cheating investors out of billions of dollars by issuing high credit ratings on bonds tied to risky mortgages. in a statement, mcgraw hill says: "claims that s&p deliberately kept ratings high when it knew they should be lower are simply not true." boeing continues traveling through turbulence with its dreamliners. the ntsb's investigation into the troubled jet is now reportedly focusing on tiny fiber-like formations that can form
a hearing is set for next week. president obama steps in to combat the growing threat of cyber attacks, including those against the nation's banks. the president will release, possibly as soon as today, an executive order to help thwart further breaches. this is in reaction to the recent targeting of pnc, citizens' bank and fifth third banks, among others. the president is taking action in the wake of congress' failure to pass cyber defense legislation last year. mgraw hill, the company that...
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Sep 30, 2013
09/13
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last week president obama explained to supports how republicans have tied health care reform to the budget battle. some have threatedend a government shudown if they can't shut down this law. others have actually threateened an economic shutdown by refusing to pay america's bills if they can't delay the law. that's not gonna to happen as long as i'm president. during a newsconference friday the president called on republicans to accept the senate's measure to avoid a government shutdown. open enrollment starts tomorrow -- for the affordable heatlh care act- better known as obamacare. senator ted cruz who staged a personal fight to stop the new law-- on friday-- praised the efforts of house republicans who also worked to block obamacare. ..showed remarkable courage standing up and fighting to defund obamacare. nonetheless, president obama says with or without support from the republican party on tuesday 48 million americans who don't have health insurance -- will be able to shop for low cost coverage at healthcare.gov the kaiser family foundation has cacluator on its site that gives consume
last week president obama explained to supports how republicans have tied health care reform to the budget battle. some have threatedend a government shudown if they can't shut down this law. others have actually threateened an economic shutdown by refusing to pay america's bills if they can't delay the law. that's not gonna to happen as long as i'm president. during a newsconference friday the president called on republicans to accept the senate's measure to avoid a government shutdown. open...
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Aug 12, 2013
08/13
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president obama is vacationing this week in martha's vinyard, but before taking off friday, he held a news conference and talked a bit about the process of finding the next federal reserve chairman. mr. obama says he has a range of outstanding candidates, and confirmed that janet yellen and larry summers are both in the mix. "a critical part of the job is making sure we keep inflation in check, that monetary policy is sound, that the dollar is sound. those are all critical components of the job." the news conference followed a closed-door meeting on goverment surveillence. ceos from apple and at&t were among those who attended. the president is opening an investigation into nsa surveillance programs. the former jp morgan trader known as the "london whale" may be off the hook. reports say bruno iksil is not likely to face charges related to bad trading bets that racked up more than $6 billion in losses for jp morgan chase. iksil is called the london whale because he was based in jp morgan's london office and put on monster-sized trading positions. the justice deparmtment and sec are st
president obama is vacationing this week in martha's vinyard, but before taking off friday, he held a news conference and talked a bit about the process of finding the next federal reserve chairman. mr. obama says he has a range of outstanding candidates, and confirmed that janet yellen and larry summers are both in the mix. "a critical part of the job is making sure we keep inflation in check, that monetary policy is sound, that the dollar is sound. those are all critical components of...
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Dec 12, 2013
12/13
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the senate is expected to vote next week. president obama plans to sign off on the deal. new enrollment numbers reveal more activity on health care dot gov. "now as more americans give health care dot gov a second look they are finding the experience is night and day compared to where we were back in october. and they are responding by shopping for plans and enrolling in greater numbers." that is health and human services secretary kathleen sebelius, who was on capitol hill yesterday for another round of testimony on the government health exchanges. she says a total of 364 thousand people have enrolled on the federal health exchange website as of the end of november. 227 thousand have signed up on state run websites in 14 states, and 137 thousand on healthcare-dot-gov. the numbers are less than the administration's expectations, but are higher since the website outages that required a technical fix. sebelius says she has ordered an internal review of the health care website. the captain of asiana flight 214 tells nvestigators the situation was "very stressful" just before
the senate is expected to vote next week. president obama plans to sign off on the deal. new enrollment numbers reveal more activity on health care dot gov. "now as more americans give health care dot gov a second look they are finding the experience is night and day compared to where we were back in october. and they are responding by shopping for plans and enrolling in greater numbers." that is health and human services secretary kathleen sebelius, who was on capitol hill yesterday...
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Mar 8, 2013
03/13
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last week to avert across-the-board sequester spending cuts. senators who dined with mr. obama tell reporters they are optimistic a deal can be reached to reduce the deficit. next week, the president heads to capitol hill for seperate meet-ups with democratic and republican caucuses in both the house and senate. also on the hill next week, a senate subcommittee will hold a hearing about a whale of a trade at jp morgan chase. the bank lost upwards of $6 billion on credit derivative gambles made by a trader nicknamed the "london whale." reports say witnesses from jpmorgan chase will testify. the hearing is set for march 15th. truck and engine maker navistar has a new ceo, and it's helping the stock roll higher. shares of navistar raced higher by more than 20% in trading yesterday on word the company topped earnings expectations and is naming troy clarke the permanent ceo of navistar. clark was the coo since january 2010 and spent 35 years at gm. plans are still under way at navistar to cut $175 million and lay off roughly 700 salary workers. we w
last week to avert across-the-board sequester spending cuts. senators who dined with mr. obama tell reporters they are optimistic a deal can be reached to reduce the deficit. next week, the president heads to capitol hill for seperate meet-ups with democratic and republican caucuses in both the house and senate. also on the hill next week, a senate subcommittee will hold a hearing about a whale of a trade at jp morgan chase. the bank lost upwards of $6 billion on credit derivative gambles made...
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Jun 7, 2013
06/13
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the court order was issued a week after the boston bombings. the obama administration says the "secret" order only involves "meta-data," such as a telephone number or length of a call, but not content. critics say it violates privacy. the fbi and microsoft managed to stop a banking hack attack. a microsoft blog says more than $500 million was stolen from bank accounts worldwide. the banks included jp morgan, citigroup and wells fargo. in the first-time effort between law enforcers and the tech company, officials seized computer servers used in the scheme. it's been a downward spiral for turkey's stock market this week, fueled by political unrest. the country's prime minister returns to turkey today after a trip abroad. protests have raged for a week in istanbul after the government announced plans to demolish a park. analysts say demonstrations are expected to continue as protestors continue to challenge the leadership of turkey's prime minister. it could spur an even larger sell-fintocks and pose a threat to the country's credit rating. two bi
the court order was issued a week after the boston bombings. the obama administration says the "secret" order only involves "meta-data," such as a telephone number or length of a call, but not content. critics say it violates privacy. the fbi and microsoft managed to stop a banking hack attack. a microsoft blog says more than $500 million was stolen from bank accounts worldwide. the banks included jp morgan, citigroup and wells fargo. in the first-time effort between law...
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Apr 8, 2013
04/13
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the white house says president obama's budget out this week -- will blow your mind. white house spokesman jay carney is promising the budget proposal is full of details. officials admit the budget is "not our ideal policy" as democrats attempt to compromise with republican lawmakers. with that in mind, here's what its got: more cuts to medicare and social security along with fewer tax increases. house speaker john boehner criticized the budget proposal in a statement friday. he says the plan would not balance the budget, and accused the president of holding entitlement cuts hostage. the budget will be released on wednesday. congress is back in session today. and aside from the nation's budget, two other issues are looming large: immigration and gun control. democratic senatof chuck schumer and republican senator john mccain -- memebers of the so-called gang of 8 appeared on sunday morning news shows to talk about progess and pitfalls on bi-partisan immigration legislation. as for gun control laws.. time magazine reports the tough background check bill.. could come up
the white house says president obama's budget out this week -- will blow your mind. white house spokesman jay carney is promising the budget proposal is full of details. officials admit the budget is "not our ideal policy" as democrats attempt to compromise with republican lawmakers. with that in mind, here's what its got: more cuts to medicare and social security along with fewer tax increases. house speaker john boehner criticized the budget proposal in a statement friday. he says...
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Dec 13, 2013
12/13
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the bi-partisan bill has the support of president obama. the senate is expected to vote next week. the budget deal does not include extending unemployment benefits. changes are ahead the fed. the senate is expected to vote next week on janet yellen-- president obama's choice to serve as head of the federal reserve. reports say its highly believed she will win senate confirmation.-- it would make her the first female to lead the u.s. central bank. current chair ben bernanke ends his term january 31st. one supermarket chain is on the upswing while a longtime chicago grocer is winding down. it's the battle between mariano's and dominick's in chicago. and caught in the middle--about six thousand dominick's employees who'll be looking for work. a lot of them applied at the rival chain, with no guarantees. dominick's, a chicago-area supermarket chain with links to the 19-20's is closing it's 72- stores---undercut in price by wal-mart, target and costco. and overrun by upscale offerings from whole foods and mariano's. less than a week ago, one of those rivals, mariano's, announced it was
the bi-partisan bill has the support of president obama. the senate is expected to vote next week. the budget deal does not include extending unemployment benefits. changes are ahead the fed. the senate is expected to vote next week on janet yellen-- president obama's choice to serve as head of the federal reserve. reports say its highly believed she will win senate confirmation.-- it would make her the first female to lead the u.s. central bank. current chair ben bernanke ends his term january...
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Sep 16, 2013
09/13
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military strike by president obama. the u.n. inspection team spent two weeks in syria evaluating. the u.s. says its intelligence indicates the military used gas to carry out those attacks. >>> lawrence summers is out. the obama administers announced that summers has removed itself from considering as the next federal reserve chairman. president obama credits summers for shepereding the nation through a recession recovery. he suggested that eight differences between men and women may uncover why more men succeed. >>>-- it just may surprise you. it wasn't 25, it wasn't 30 or even 40. most people said the age they would like to be is 50. the online poll surveyed more than 2,000 people. most agree that by age 50 you've learned from past mistakes and are still young enough to enjoy life and have fun. >> how many 21-year-olds did they ask those questions to? >> probably not have money. >>> what had people lining up for hours and scrambling to get inside a popular big box store. >>> it was in the family for generations and now it's gone. >> it was actually the only thing that survived ou
military strike by president obama. the u.n. inspection team spent two weeks in syria evaluating. the u.s. says its intelligence indicates the military used gas to carry out those attacks. >>> lawrence summers is out. the obama administers announced that summers has removed itself from considering as the next federal reserve chairman. president obama credits summers for shepereding the nation through a recession recovery. he suggested that eight differences between men and women may...
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Jun 18, 2013
06/13
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KICU
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global glances: traders will await information out of g8 this week. next month, president obama will meet with british prime minister david cameron in washington to talk trade. and campbell's soup is buying biscuit-maker kelsen group out of denmark. terms of the deal have not been disclosed. it could turn into an obsession session today. joining me now is tom boylen. he's with performance trust. good to have you on the show today. the market is obsessing over the fed meeting coming up today. what do you see as far as market action in the bonds? - for the last six to eight weeks there has been, as you said, an obsession with what's going on with what the federal reserve is going to do at their fomc meeting in june. this started back in may at a q&a session where bernanke said, hinted, that there might be some tapering to the bond purchases if the employment report gets better going forward. at the beginning of june, we did have an o.k. employment report, so some of that talk has continued. we've seen some leaks from the wall street journal, and then, m
global glances: traders will await information out of g8 this week. next month, president obama will meet with british prime minister david cameron in washington to talk trade. and campbell's soup is buying biscuit-maker kelsen group out of denmark. terms of the deal have not been disclosed. it could turn into an obsession session today. joining me now is tom boylen. he's with performance trust. good to have you on the show today. the market is obsessing over the fed meeting coming up today....
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Aug 14, 2013
08/13
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KICU
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eye 94
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president obama hits the road next week to conjure up support for middle-class jobs. the two- day bus tour includes stops in new york and pennsylvania. the president wants congress to consider cutting the corporate tax rate.more details are expected later this week.the road trip comes before the october 1 deadline for congress to pass a bill funding the government for the next fiscal year and the deadline for raising the debt ceiling. some insurance companies will wait until 2015 to start health care reform. the law goes into effect in 2014.but the new york times reports the obama administration is delaying a portion of the law that limits how much money americans will have to spend on medical costs..the law caps out of pocket expenses at $6,350 for individuals and $12,700 for a family under a one year grace period that has been listed on this government website for quite some time now...people with cancer or chronic illness it could face another year of high medical bills.an attorney representing benefit management for fortune 500 companies doubts it spells the end f
president obama hits the road next week to conjure up support for middle-class jobs. the two- day bus tour includes stops in new york and pennsylvania. the president wants congress to consider cutting the corporate tax rate.more details are expected later this week.the road trip comes before the october 1 deadline for congress to pass a bill funding the government for the next fiscal year and the deadline for raising the debt ceiling. some insurance companies will wait until 2015 to start...
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Dec 23, 2013
12/13
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KICU
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eye 74
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the obama administration said last week it is delaying sign up deadlines.people who lost insurance plans in the midst of the overhaul now qualify for an exemption which protects them from a tax penalty. also, the "catastrophic plan" -- is more widely available. previously it was restricted to those under 30 years old.insurers are criticizing the reforms. friday, an industry executive said changes "could cause significant instability in the marketplace."the white house says fewer than 500 thousand people will be affected. ally financial is accused of charging higher interest rates to car buyers who were hispanic, african american or asian.the justice department and consumer financial protection bureau found in an investigation ally and car dealers pumped up loan rates than split the additional interest from the payments.on average the minority customers paid up to $300 dollars extra on the life of the car loan.ally says in a statment: its dealers' contracts don't include information on consumer's race or ethnicity. the crash test for vehicles sold in the u-s is getting tougher for 2014 mo
the obama administration said last week it is delaying sign up deadlines.people who lost insurance plans in the midst of the overhaul now qualify for an exemption which protects them from a tax penalty. also, the "catastrophic plan" -- is more widely available. previously it was restricted to those under 30 years old.insurers are criticizing the reforms. friday, an industry executive said changes "could cause significant instability in the marketplace."the white house says...
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Oct 11, 2013
10/13
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KICU
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delay. >>> president obama signed a to restore death benefits. the measure was approved by congress. it clause funeral expenses. the payment has been on hold. 29 members of the u.s. military have died university of san francisco graduate army jennifer marine o. >>> national parks will remain closed to reopen their park. governs in states have asked to reopen the parks the impact is having but here in california told that paying to reopen the national parks would strain the state's budget which is balanced. >>> facebook is doing away to be hidden from web searches by name. social media company says the feature was confusing. people who still use a notice it's being removed and send users a reminder about how to control the privacy of the things they share. >>> the mayor of san francisco is ordering after a body of a missing patient was found inside a hospital stair well. each new turn has family members asking more questions. >> reporter: 57-year-old lin spalding was a patient and sometime she died here. >> this should not have happened and we agr
delay. >>> president obama signed a to restore death benefits. the measure was approved by congress. it clause funeral expenses. the payment has been on hold. 29 members of the u.s. military have died university of san francisco graduate army jennifer marine o. >>> national parks will remain closed to reopen their park. governs in states have asked to reopen the parks the impact is having but here in california told that paying to reopen the national parks would strain the...
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Feb 17, 2013
02/13
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KICU
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at the state of the union speech this week, president obama announced all u-s troops will be out of afghanistan by the end of next year. and with veterans coming back, kate loewen looks more at what san jose state has to offer. you may have seen flyers around campus about a petition for a central meeting place in the new student union for veterans. i learned more about their resources in comparision to other csu's. ">>>for san jose state student military veterans like jon paul, adjusting to civilian life is proving to be difficult. jon paulw when i went into the military, i thought i knew everything about the world. seeing combat, seeing the things that i've seen, and having my friends hurt the way they were totally changed my life outlook. jon paul is a marine combat veteran who served in several deployments to iraq. he's found as a student at sjsu that gaining access to resources offered, he must go to several different places across campus. he feels that the current situation for sjsu veterans is disappointing. jon pauli i think that we've been deprioritized, i guess. they've put us on the b
at the state of the union speech this week, president obama announced all u-s troops will be out of afghanistan by the end of next year. and with veterans coming back, kate loewen looks more at what san jose state has to offer. you may have seen flyers around campus about a petition for a central meeting place in the new student union for veterans. i learned more about their resources in comparision to other csu's. ">>>for san jose state student military veterans like jon paul,...
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Jan 16, 2013
01/13
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KICU
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from across the bay area are traveling to the nation's capitol this week for president obama's inauguration and for the national mayor's conference. the trip is also a chns for local leaders to push for federal highway funding. that's san ramon mayor bill tells us he plans to do along with at least four other east bay mayors who want improvements made to the 580/680 interchange. . >>> a new analysis show that is san jose is one of just 14 u.s. cities that's experienced a job surge since the 2007 recession. the business journals reports from november of 2007 to november of 2012 san jose gained 6600 private-sector job. >>> there are currently about 831,000 total. san francisco and oakland combined lost 71,700 jobs, dropping to 1,672,000. >>> wal-mart announced today it'll provide jobs for thousands of military veterans in a move it says will help boost the u.s. economy. the retail giant plans to hire more than 100,000 veterans over five years. wal-mart also says it'll buy $50 billion worth of american-made goods over ten years and help part-time workers who want more hours move to full time.
from across the bay area are traveling to the nation's capitol this week for president obama's inauguration and for the national mayor's conference. the trip is also a chns for local leaders to push for federal highway funding. that's san ramon mayor bill tells us he plans to do along with at least four other east bay mayors who want improvements made to the 580/680 interchange. . >>> a new analysis show that is san jose is one of just 14 u.s. cities that's experienced a job surge...
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Sep 23, 2013
09/13
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martin john bradward. >> reporter: nearly one week after the unthinkable happened inside building 187 at the washington naval yard a tribute to the 12 people who lost their lives. >> they loved their country, they loved their navy. >> reporter: president obama ngthe pain gripping the helle navy family is extraordinary. >> as president i have now grieved with five american communities ripped apart by mass violence. >> the president says he will continue to push for new gun control measures in the wake of this attack. >> reporter: -- >> we can't accept this. as americans bound in grief and love we must insist here today there's nothing normal about innocent men and women being gunned down where they work. >> reporter: with the reading of 12 names, 12 bells for those who are lost, the navy secretary signed off with honor and respect. >> we remain semper fortis, semper felis. >>> developing news out of kenya where a stand off between the military and militants reaches its second day. the area connection of one of the survivors of the nirobi shooting. >>> and the aftermath in mexico after
martin john bradward. >> reporter: nearly one week after the unthinkable happened inside building 187 at the washington naval yard a tribute to the 12 people who lost their lives. >> they loved their country, they loved their navy. >> reporter: president obama ngthe pain gripping the helle navy family is extraordinary. >> as president i have now grieved with five american communities ripped apart by mass violence. >> the president says he will continue to push for...
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Sep 5, 2013
09/13
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KICU
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the school has canceled classes for the rest of the week. >>> the obama administration announced supposes of veterans in same-sex marriage will be allowed to collect federal benefits. the announcement follows the supreme court decision that struck down a key section of the defense of marriage act. the new policy effects veterans that live in the 13 states that recognize gay marriage and the district of columbia. >>> lawyers representing an illegal immigrant went before the state supreme court today arguing it has the power to allow their client to adane the american dream. at issue? whether he can practice law in california. 36-year-old sergio garcia passed the bar exam on his first try. but the feds are opposing to him, saying it would prohibit a law. the feds contend the benefits are taxpayer funds for the state bar. garcia moved back and forth between mexico and the u.s.a. as a child, picking almonds. >>> tonight marks the first night of rosh hashanah. the jewish new year. >> my living not just for myself, but for others. am i doing my part to repair the world? >> president obama was n
the school has canceled classes for the rest of the week. >>> the obama administration announced supposes of veterans in same-sex marriage will be allowed to collect federal benefits. the announcement follows the supreme court decision that struck down a key section of the defense of marriage act. the new policy effects veterans that live in the 13 states that recognize gay marriage and the district of columbia. >>> lawyers representing an illegal immigrant went before the...
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Mar 11, 2013
03/13
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KICU
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this week president obama reached out to republicans in an effort to end the sequester cuts. coming up in seven minutes, the president is preparing to raise the stakes in an effort to reach a compromise. >>> a show stopping sight tonight. the significance behind this performance from an iron breathing contraption with >>> san francisco's exploritorium attracted quite a crowd. the museum held the event as a way to connect with the public while it moves through the new facility. as you can remember, it closed and plans to reopen in april. the events they just finished with a big finale from a fire breathing octopus. deborah villalon is live now where a bit of burning man lit up the night sky. >> reporter: a 25-foot contraption a fixture at burning man flamed out in san francisco. it's el grupo mecanico the mechanical octopus. and today it entertained this crowd. >> you cannot not feel the flames and the heat. >> reporter: some folks bowing down. >> they would show us their octopus tattoos or octopus necklaces that was their animal. >> reporter: not what creators thought. it run
this week president obama reached out to republicans in an effort to end the sequester cuts. coming up in seven minutes, the president is preparing to raise the stakes in an effort to reach a compromise. >>> a show stopping sight tonight. the significance behind this performance from an iron breathing contraption with >>> san francisco's exploritorium attracted quite a crowd. the museum held the event as a way to connect with the public while it moves through the new facility....
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Nov 12, 2013
11/13
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and health care enrollment numbers are due out this week from the obama administration. lincoln ellis of green square capital joins us now. he gets us up-to-date on the market action for the day. good morning to you lincoln. > >good morning angie. this is one hot market. do you see any signs of a slow down out there? > >not really. we made new highs across most of the major equity markets here in the united states and we seem to be peaking across europe. the only place it isn't is in the emerging economies and those have been back and forth. in terms of the end of the year, probably a little bit of melt up and then flatline for 2014. > >what about the bond market which reopens today. it was closed yesterday for veterans day and we just had the jobs number out on friday. will they be buying in bulk? > >3, 10, and 30 years are up for auction this week in the bond market. that combined with janet yellen's testimony up on the hill on thursday could put a bit of volatility into that bond market. keep your eyes peeled. > >what about the syria situation? are you seeing anything
and health care enrollment numbers are due out this week from the obama administration. lincoln ellis of green square capital joins us now. he gets us up-to-date on the market action for the day. good morning to you lincoln. > >good morning angie. this is one hot market. do you see any signs of a slow down out there? > >not really. we made new highs across most of the major equity markets here in the united states and we seem to be peaking across europe. the only place it isn't is...
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Nov 25, 2013
11/13
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KICU
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president obama will be on the west coast this week. today-- the president is expected to make a speech about the importance of passing immigration reform. he will speak from a parks and recreation center in san francisco's china town.. then on tuesday-it's on to hollywood where he will likely talk about job creation in the movie and tv industry with a stop at dreamworks animation home of the hit film shrek. the president is also planning fundraising stops in california. one report says tickets to his events are selling at a discount. hiring is picking up nationwide. job postngs and hiring rose to five year highs in september. help wanted postings increased 69-thousand to 3.9 million , the most since march of 2008. hiring jumped 26-thousand to 4.6 million, the most since august of 08. the hottest hiring is in construction, retail, trade, transportation, and professional and business services. jp morgan will pay that record $13 billion dollars settlement by in a mortgage securities scandal . bank of america could also pay up for loans so
president obama will be on the west coast this week. today-- the president is expected to make a speech about the importance of passing immigration reform. he will speak from a parks and recreation center in san francisco's china town.. then on tuesday-it's on to hollywood where he will likely talk about job creation in the movie and tv industry with a stop at dreamworks animation home of the hit film shrek. the president is also planning fundraising stops in california. one report says tickets...
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Jun 26, 2013
06/13
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to south africa this week. at this point president obama has no plans to visit mandela out of deference to him and his family. >>> president obama weighs in on the keystone pipeline. in four minutes why some in the bay area are elated by what he said. >> bill martin is back with your complete bay area forecast and when warm weather will replace this wet look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. >>> there are questions tonight about what ca
to south africa this week. at this point president obama has no plans to visit mandela out of deference to him and his family. >>> president obama weighs in on the keystone pipeline. in four minutes why some in the bay area are elated by what he said. >> bill martin is back with your complete bay area forecast and when warm weather will replace this wet look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house,...
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Jul 15, 2013
07/13
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KICU
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about a week ago, the obama administration decided to give an extra year to businesses to ramp up for the new law. speaker boehner believes the same rules should apply to the rest of america. a white house aid says the president's landmark legislation is moving forward as scheduled. in today's cover story, how much you pay for goods and services often varies by who's providing them, where they're located and how much competition there is, and it's as true for healthcare as anything else. what's also true is that not everyone knows they can shop around. possibly the easiest place to find discrepencies in healthcare pricing is among your local pharmacies. in one city, a 30-day supply of the anti-biotic cephalexin ranged from $4 to $15 with the same health insurance. "so what do you do when you have to get a prescription? i go to nearest walgreens or rite aid. do you price shop? no. i wasn't aware there was a difference." in healthcare, prices vary widely for hospital procedures and the physical therapy that may follow. this spring, the u.s. department of health and human services found
about a week ago, the obama administration decided to give an extra year to businesses to ramp up for the new law. speaker boehner believes the same rules should apply to the rest of america. a white house aid says the president's landmark legislation is moving forward as scheduled. in today's cover story, how much you pay for goods and services often varies by who's providing them, where they're located and how much competition there is, and it's as true for healthcare as anything else. what's...
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Jul 25, 2013
07/13
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. >> he's expected to enter a plea to the charges next week. >>> today, from president obama outlined his mission to refocused attention on the nation's economy. >> no one who works full-time should have to live in poverty. >> the president gave a campaign-style speech in illinois in efforts to help the middle class and buft the minimum wage. >> in berkeley, on those receiving the lowest pay got a speech >> reporter: some people marched downtown to a commission on labor meeting. >> they want the minimum wage raised to $10.55 an hour. >> in downtown berkeley, protestors say the bay area is expensive and even working full-time, it's hard to make ends meet. >> passers by said they agree. >> people have bills and stuff like that, and it's just hard -- impossible to make it on minimum wage. >> i'm employed half-time, but when i look at minimum wage jobs, it's not even worth it for me to consider because it wouldn't allow me to live >> reporter: president obama echoed those same words in his speech. >> we need to raise the minimum wage because it's lower right now than it was when ronald re
. >> he's expected to enter a plea to the charges next week. >>> today, from president obama outlined his mission to refocused attention on the nation's economy. >> no one who works full-time should have to live in poverty. >> the president gave a campaign-style speech in illinois in efforts to help the middle class and buft the minimum wage. >> in berkeley, on those receiving the lowest pay got a speech >> reporter: some people marched downtown to a...
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Jun 15, 2013
06/13
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visit there next week. he was treated like a rock star in berlin when he was presidential candidate he is not as popular now. the president will meet with chancellor, her spokesperson said she plans to ask him about the nsa surveillance programs. >>> whole foods has changed employee language policy after a suspension in new mexico caused an up roar. two workers were suspended for complaining about the policy which required they speak english to customers unless the custom spoke another language. latino groups threatened to boycott the store. the new policy asks but does not require workers to speak english on the job. >>> microsoft launched its software. this is an effort to boost sales of tablet computers running on its own windows system office software for iphone is not sold separately only available as part of a $100 a year subscription which also lets you use it on up to five mac and window computers. >>> facebook is planning another new product launch. in a message today, facebook said a small team ha
visit there next week. he was treated like a rock star in berlin when he was presidential candidate he is not as popular now. the president will meet with chancellor, her spokesperson said she plans to ask him about the nsa surveillance programs. >>> whole foods has changed employee language policy after a suspension in new mexico caused an up roar. two workers were suspended for complaining about the policy which required they speak english to customers unless the custom spoke another...
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Aug 19, 2013
08/13
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. >> in the wake of violence last week, president obama suspended joint military assistance with cairo but has stopped short of cutting off the $1.5 million in aid. >>> egyptian americans and their supporters rallied at the united nations plaza. >> will always be in our hearts. >> reporter: protesters raised our hands in the name of rama where hundreds died. the organizers said the rally was mostly about protecting human rights in the wake of the violence. >> this is very exciting. this is beyond political affiliations. this is more about respects human rights and respecting morals. watching what's happening we had to come here and voice our concerns. >> demonstrators today also demanded that the u.s. cut off aid to egypt. >>> the partner of the reporter who revealed leaks about the nsa was grilled by authorities at london's heathrow airport. his partner david miranda was questioned for nearly nine hours today the maximum time under britain's anti terrorism law. online green wald called the detainment spottic and an an escalation on attacks on journalists. >> i certainly heard from a n
. >> in the wake of violence last week, president obama suspended joint military assistance with cairo but has stopped short of cutting off the $1.5 million in aid. >>> egyptian americans and their supporters rallied at the united nations plaza. >> will always be in our hearts. >> reporter: protesters raised our hands in the name of rama where hundreds died. the organizers said the rally was mostly about protecting human rights in the wake of the violence. >>...
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Aug 31, 2013
08/13
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KICU
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the obama administration said 1,429 people were killed in last week's chemical weapons attack, including 426 children. so far, the president has not asked congress for approval for a military strike and france is the only major foreign power to support retaliation. president obama contends there is no excuse for killing innocent people, including such large numbers of women and children. still opposition to an attack on syria is widespread both around the world and here at home. as john tells us, the president is facing a real predicament. >> reporter: an east bay physician that lived in syria as a child and visited family there as recently as five years ago. >> it's near and dear to my heart. >> reporter: the chemical weapons attack on the syrian people hit him hard. >> my heart bleeds for all of these kids, women and families that have lost their lives. these are my people. i'm half syrian. >> reporter: the prospect of strikes does not sit well with people. >> there there is no win win situation, it's all lose lose. it's either a dictatorship or it's going to be a muslim brotherhood or
the obama administration said 1,429 people were killed in last week's chemical weapons attack, including 426 children. so far, the president has not asked congress for approval for a military strike and france is the only major foreign power to support retaliation. president obama contends there is no excuse for killing innocent people, including such large numbers of women and children. still opposition to an attack on syria is widespread both around the world and here at home. as john tells...
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Sep 7, 2013
09/13
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president obama will address the american people on tuesday, craig boswell. >>> u.s. crude oils futures reached $110 today that's the highest in two years and brent oil the global benchmark hit 115 and change. a military strike could disrupt oil supplies in the middle east. >>> the u.s. reduces military strike in two countries because of potential threats. >>> high temperatures today were up there 93 in fairfield. these numbers a good five to 8 degrees warmer. highs tomorrow are going to come up another five to 8 degrees. we're going to see upper 90s in inland bay valleys. out in the livermore valley you're in the upper 90s. even some triple digit heat. spare the air day again tomorrow. sunday is going to be very warm as well. when i come back at 10:45 i will give you the complete forecast, specific forecast high for your neighborhood both saturday and sunday. we'll talk more about this fire danger that is going to increase as we go into the weekend. >> and arsenic found in >>> now to the new bay bridge. the first friday night of the new eastern span. right now traffi
president obama will address the american people on tuesday, craig boswell. >>> u.s. crude oils futures reached $110 today that's the highest in two years and brent oil the global benchmark hit 115 and change. a military strike could disrupt oil supplies in the middle east. >>> the u.s. reduces military strike in two countries because of potential threats. >>> high temperatures today were up there 93 in fairfield. these numbers a good five to 8 degrees warmer. highs...
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Mar 18, 2013
03/13
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. >>> president obama will visit israel this week his first presidential trip to the country. police in jerusalem were getting ready for their trip calling it the most important visit since 2009. some 15,000 personnel are being deployed. >>> graffiti in the west bank has already defaced posters of mr. obama but so far the subject matter is light. the protests are over a lack of mobile wireless in the region. >>> gop fundraiser carl rowe fired back at sarah palin that candidates should go back home and run for office. >> i don't think i'm a balding fat guy. if i did run for office and win i would serve out my term i would not leave office midterm. >> reporter: rowe was referring to palin's decision to leave her seat. she also accused rowe of making millions from consultants. rowe spoke out saying he is a volunteer who doesn't take a dine from the superpack. >>> ktvu's mike mibach. >> reporter: this was a picture a little more than a year ago. this is a picture of oakland radicalism today. >> make the rsvp picking up the title. >> reporter: some two dozens hackers meeting inside
. >>> president obama will visit israel this week his first presidential trip to the country. police in jerusalem were getting ready for their trip calling it the most important visit since 2009. some 15,000 personnel are being deployed. >>> graffiti in the west bank has already defaced posters of mr. obama but so far the subject matter is light. the protests are over a lack of mobile wireless in the region. >>> gop fundraiser carl rowe fired back at sarah palin that...
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Sep 6, 2013
09/13
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. >> the debate over syria will come to the senate floor next week. the white house says president obama canceled a trip to los angeles so he can stay and work on the strike against syria. he had planned a democratic fundraiser. >>> a father is making a painful plea for justice. we have more on a dying wish for a father's son's killer. >> reporter: tonight, a father and son, he was by the side my way, and he was my only son. >> a dad who can barely see, sleep, or eat. >> i know that it's coming. >> he said charles butler senior is dying. he can barely breathe and is in pain at times but it's the pain of another day that tears him apart on the inside. i take you three days before christmas, december 22nd, 2011. >> shots fired, west oakland. >> this case is very important, still active. i work it every day. >> this investigator says an argument inside a store ensued and minutes after he was chased down and shot. butler's father life is now in jeopardy. >> i tell you, he can sit here but it's killing him. >> with the breath he has left, he's asking for y
. >> the debate over syria will come to the senate floor next week. the white house says president obama canceled a trip to los angeles so he can stay and work on the strike against syria. he had planned a democratic fundraiser. >>> a father is making a painful plea for justice. we have more on a dying wish for a father's son's killer. >> reporter: tonight, a father and son, he was by the side my way, and he was my only son. >> a dad who can barely see, sleep, or eat....
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146
Jan 7, 2013
01/13
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KICU
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eye 146
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that -- defense secretary this week. the former senator toured with president obama. he faces a grilling. this past statements about israel, the cuban embargo and iraq bar have drawn fire. >> mr. hagel came out from the surge. said the war couldn't be won. no one has told us and we were fighting it in 2006. he delayed funding in 2007. >> chuck hagel if confirmed to be secretary of defense would be the most antagonistic secretary of state against the state of israel in our nation's history. >> hagel's service earned him two purple hearts. >>> president obama today signed into law legislation that set aside $9.7 billion to pay federal flood insurance claims to victims of super storm sandy. fema warned that without the additional funds it would run out of money to pay claims next week. lawmakers have yet to act on a proposed bill to set aside $51 billion worth of aid to address the effects of super storm sandy. john boehner has vowed to vote on that bill january 26. >>> there was a packed house for people that came together
that -- defense secretary this week. the former senator toured with president obama. he faces a grilling. this past statements about israel, the cuban embargo and iraq bar have drawn fire. >> mr. hagel came out from the surge. said the war couldn't be won. no one has told us and we were fighting it in 2006. he delayed funding in 2007. >> chuck hagel if confirmed to be secretary of defense would be the most antagonistic secretary of state against the state of israel in our nation's...
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137
May 16, 2013
05/13
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KICU
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it's a scandalous week in washington. today, president obama will take questions at a news conference after revealing last night he has accepted the resignation of steve miller, the acting commssioner of the irs. the president called the misconduct of employees within the irs "inexcusable" for apparently putting extra scrutiny on tea party organizations applying for tax- exempt status. "americans have a right to be angry about it. the president is saying 'i will not tolerate this kind of behavior in any agency, but particularly the irs, given the power that it has and the reach that it has in all of our lives." meanwhile, lawmakers are calling for action. house speaker john boehner told reporters he wants to know who is going to jail for the scandal. as we know, the irs has been in trouble for partiality in investigating conservative groups. now it may be about to snoop on people like you. as it did with banks in switzerland, this government agency now has a summons to allow it to gather information on u.s. taxpayhers. ji
it's a scandalous week in washington. today, president obama will take questions at a news conference after revealing last night he has accepted the resignation of steve miller, the acting commssioner of the irs. the president called the misconduct of employees within the irs "inexcusable" for apparently putting extra scrutiny on tea party organizations applying for tax- exempt status. "americans have a right to be angry about it. the president is saying 'i will not tolerate this...
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Sep 4, 2013
09/13
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KICU
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. >> the debate continues as president obama leaves the country for the remainder of this week, he's attending the g- summit in russia. >>> well, we cannot rebuild our street and homes and cannot bring back the innocent lives that we lost that way. >> the rebuilding process is at the half way mark and keeping this kind of disaster happening again. he says he's continue to push a $3. 8 billion fine against pg&e. some of were injured very seriously. >>> cupertino company sent this today. this should brighten everyone'ss expected to unveil the new iphone 5-s. . . microsoft hopes this 7. 2 billion deal will be concludet year. microsoft shares fell 6%. some analysts say the attempt ft moving away from traditional pcs maybe too little and too late. >>> good news tonight for drivers of vehicles, who enjoys the special privileges here in california. lawmakers passed the extension of the green and white sticker program of allowing drivers of hybrid cars and natural gas cars and alaska access hovlane. the program will be extended to 2018. >> are you ready? >>> back to our bay bridge coverage o
. >> the debate continues as president obama leaves the country for the remainder of this week, he's attending the g- summit in russia. >>> well, we cannot rebuild our street and homes and cannot bring back the innocent lives that we lost that way. >> the rebuilding process is at the half way mark and keeping this kind of disaster happening again. he says he's continue to push a $3. 8 billion fine against pg&e. some of were injured very seriously. >>> cupertino...
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125
Oct 7, 2013
10/13
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KICU
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president obama cancelled his trip to asia this week. and, lawmakers have just 10 days left to raise the debt limit or the nation will be unable to pay it's bills. the most immediate effect will be a sudden drop in the value of bonds held by banks --also a payment covering social security benefits due october 23rd won't happen. friday-- rhetoric ratched up between president obama and house speaker boehner. "this morning we get the wall street journal out and it says well we dont care how long this lasts because we're winning. this isn't some damn game...the american people dont want their government shutdown and neither do i." when it comes to negotiations, i've said i'm happy to have negotiations with the republicans and speaker boehner on a whole range of issues. but we can't do it with a gun held to the head of the american people. the president made the comments from a taylor gourmet sandwich shop near the white house that is offering 10% discounts to furloughed federal employees. a restaurant employee tells us after the presidential
president obama cancelled his trip to asia this week. and, lawmakers have just 10 days left to raise the debt limit or the nation will be unable to pay it's bills. the most immediate effect will be a sudden drop in the value of bonds held by banks --also a payment covering social security benefits due october 23rd won't happen. friday-- rhetoric ratched up between president obama and house speaker boehner. "this morning we get the wall street journal out and it says well we dont care how...
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Oct 18, 2013
10/13
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KICU
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eye 162
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the s&p makes history as traders wrap up a wild week. in today's cover story....president obama calls for action on the farm bill-- but there's a deep divide in congress. plus....in traders unplugged. what traders think about retailers opening "on" thanksgiving. and... could bubble wrap become the next economic indicator? first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's friday- octber 18th. i'm angela miles. in today's first look: the market has gone from from rocky to record this week. the dow lost a couple of points yesterday, the nasdaq gained 23 while the s&p-- ran up to a new all time high of 17-73 on the deal out of congress. gold gained $39 dollars and oil dropped to $100 dollars per barrel. some analysts say oil was the safe haven play during the debt default crisis. in earnings after hours-- google shares rallied to $950 after earnings blew past expectations.more layoffs are planned at wells fargo. the firm intends to let go nearly 1,000 employe
the s&p makes history as traders wrap up a wild week. in today's cover story....president obama calls for action on the farm bill-- but there's a deep divide in congress. plus....in traders unplugged. what traders think about retailers opening "on" thanksgiving. and... could bubble wrap become the next economic indicator? first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's friday- octber 18th. i'm...
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Jun 28, 2013
06/13
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KICU
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president obama is on a week long tour and is scheduled to visit south africa and tanzania. >> reporter: an american boss of a drug company is now free. about a thousand officers had detained him. chip brown says he financially -- or finally agreed to pay off workers. stern says it wasn't right but he didn't know what else to do. chinese workers holding bosses captive is not uncommon. >>> and in britain, it has been a very good year for queen elizabeth second. her portfolio saw an increase of 2%. the queen will get a 5% raise. the palace says a significant amount of that income will be used on much needed maintenance on the royal palaces. >>> hillary clinton will soon add another honor to her name. she was named the medal recipient. organizers say they want to recognize clinton's public service, outreach to global leaders and work to advance opportunities for girls and women. >>> we now know how much it costs to have lunch with yahoo's ceo melissa myer at the company's headquarters. $90,000. that was the winning bid when the auction closed today. the proceeds will be donated to aspire e
president obama is on a week long tour and is scheduled to visit south africa and tanzania. >> reporter: an american boss of a drug company is now free. about a thousand officers had detained him. chip brown says he financially -- or finally agreed to pay off workers. stern says it wasn't right but he didn't know what else to do. chinese workers holding bosses captive is not uncommon. >>> and in britain, it has been a very good year for queen elizabeth second. her portfolio saw...
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90
Jan 23, 2013
01/13
by
KICU
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eye 90
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president obama is expected to go along with a debt limit measure being considered by the house. the house plans a vote today on a measure that puts the debt limit increase on pause until may, but allows the country to continue paying its bills. in the senate, democratic and republican leaders are hinting at getting down to the real business of pounding out a budget. "not a single piece of important legislation can pass the senate or become law without the votes of both democrats and republicans. so we'll be willing to compromise and work with our colleagues across the aisle." "if we don't work together to control the debt, the cost of our interest payments alone will eventually crowd out funding for things we all agree on, from defense to infrastructure and assistance for those who need it most." in other legislative news, the house has already approved a $50-billion aid package for hurricane sandy relief, and senate majority leader harry reid said yesterday the senate could move swiftly to pass it. the controversial keystone xl pipeline may be back in play. the project has rece
president obama is expected to go along with a debt limit measure being considered by the house. the house plans a vote today on a measure that puts the debt limit increase on pause until may, but allows the country to continue paying its bills. in the senate, democratic and republican leaders are hinting at getting down to the real business of pounding out a budget. "not a single piece of important legislation can pass the senate or become law without the votes of both democrats and...
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Nov 13, 2013
11/13
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KICU
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last week, 40-50, 000 people signed up for the insurance of the marketplace. >>> the state of hawaii is one signature away from becoming a legalized of same-sex marriage. hawaii's governor says he will sign the bill. >>> actor alec baldwin cried while testifying at the trial of a woman who was stalking him. he said. she also showed up at his home and he yelled he's lying receiver times during the testimony. she says they had a romantic relationship and he denies it. >>> the san francisco's 49ers today parted ways. niners fans will remember willig game, he over came the adversity to knock three touchdowns last year. the 25-year-old san jose native is expected to be playing by another team perhaps as soon as tomorrow. >>> architects today showed off of a new streamline design. david stevenson reports the team hope of the arena can help reflect criticism. >> the arena is built next door. the staff here is expecting a long run out fight. >> anything that has to be done with paper work or anything like that that takes forever now >> the event plaza has lower about 10 feet so it is easier
last week, 40-50, 000 people signed up for the insurance of the marketplace. >>> the state of hawaii is one signature away from becoming a legalized of same-sex marriage. hawaii's governor says he will sign the bill. >>> actor alec baldwin cried while testifying at the trial of a woman who was stalking him. he said. she also showed up at his home and he yelled he's lying receiver times during the testimony. she says they had a romantic relationship and he denies it....
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99
Nov 6, 2013
11/13
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KICU
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the white house released this picture of president obama and the first lady michelle obama greeting people in the blue room. now the white house is open for tourer, three day as week. >>> marvel comic is introducing a new hero. she's a muslim, her super power is thy to change shape. the creator say that she will fe issues like many teams like the muslim family. >>> starting today, 49ers fans will have the chance to buy their seats. that includes shipping and non season ticketholder will get their opportunity next month. niners fan should note that -- returning to practice. the team has 21 day to either place him on practice or adding him to the season. thank you for making us your choice for news. i am gasia. our coverage continues at 10 p.m.. tmz is up next on tv 36. thank you. we all have our little tricks. mom swaps one of my snacks for a yoplait. i don't mind, i mean it's orange crème. and when mom said bobby was too edgy... 'sup girl. i just swapped him out for tyler. 'sup girl. mom never questioned bobby again. two can play at this game. [ female announcer ] swap one snack a week fo
the white house released this picture of president obama and the first lady michelle obama greeting people in the blue room. now the white house is open for tourer, three day as week. >>> marvel comic is introducing a new hero. she's a muslim, her super power is thy to change shape. the creator say that she will fe issues like many teams like the muslim family. >>> starting today, 49ers fans will have the chance to buy their seats. that includes shipping and non season...
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221
Mar 17, 2013
03/13
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KICU
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. >> pope francis scheduled to meet with his predecessor, emeritus pope benedict xvith a week perfect today. >>> president obama is promoting a plan to put $200 million each year in an energy security trust to fund research to find alternatives to oil. >> scientists were designing new engine has were energy- efficient and developing cheaper batteries and devicing new ways it fuel our cars and trucks with sources of clean- energy. like advanced bifox news natural gas. so drivers can one day go coast- to-coast without using a drop oil. >> the president delivered his weekly address from the argonne nationallant in illinois. >>> some well-known g.o.p. political heavy hitters spoke today at the conservative political action conference, known as cpac. as christiana mutchler tells us one didn't pull my punches today. >> reporter: a conservative's whose w.h.o. who's-who today. doctor ben carsen fueled speculation he may be looking for a spot on the g.o.p. ticket. announcing saturday he is retiring from medicine and teasing the audience with hypotheticals. >> let's say you magically put me int
. >> pope francis scheduled to meet with his predecessor, emeritus pope benedict xvith a week perfect today. >>> president obama is promoting a plan to put $200 million each year in an energy security trust to fund research to find alternatives to oil. >> scientists were designing new engine has were energy- efficient and developing cheaper batteries and devicing new ways it fuel our cars and trucks with sources of clean- energy. like advanced bifox news natural gas. so...
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Feb 10, 2013
02/13
by
KICU
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eye 181
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. >>> and president prepares for his state of the union address next week, the topic mrs. obama is expected to focus on. >>> without here, i don't know what we are going to there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort... individualized. at the ultimate sleep number event, queen mattresses start at just $599. and save 50% on our innovative limited edition bed. >>> a castro valley high school teacher has been out for most of the year battling cancer. returned to school tonight for a special fundraiser. as ktvu's jade hernandez reports there were some powerful words even though they couldn't be heard. >> reporter: silent says a lot about students who prepared for tonight's performance owithout their teacher. they are the reason she says the
. >>> and president prepares for his state of the union address next week, the topic mrs. obama is expected to focus on. >>> without here, i don't know what we are going to there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your...
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Dec 8, 2013
12/13
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KICU
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mourners including president obama and former presidents bush and clinton head to south africa next week for services honoring that country's first black president. this weekend south africans are celebrating his life with songs and marches. mourners say mandel's leadership transform their country, including his 27 years in jail, protesting against apartheid. >> growing up, we weren't allowed -- it's just always been to me that rebellious person who fought for us. >> tomorrow is the national day of prayer in south africa. on tuesday, president obama will attend the official public memorial service in johannesburg. mandela will be buried on december 15th in the village of qunu where he grew up. >>> the remaining pilot whales that stranded on the coast of florida may have rescued themselves. on tuesday 51 whales were spotted either beach order in shallow water near the florida everglades. several whales died on the beach and others were euthanized, but most of the whales apparently swam up, making it to deeper water and safety. biologists say they don't know what caused the whales to come
mourners including president obama and former presidents bush and clinton head to south africa next week for services honoring that country's first black president. this weekend south africans are celebrating his life with songs and marches. mourners say mandel's leadership transform their country, including his 27 years in jail, protesting against apartheid. >> growing up, we weren't allowed -- it's just always been to me that rebellious person who fought for us. >> tomorrow is the...
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101
Apr 15, 2013
04/13
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KICU
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where lawmakers will take up key bills this week. the senate-- may consider a proposal on gun legistlation that expands background checks to people attempting to buy firearms online and at gun shows.former congress woman gabby giffords who was shot in 2011, is expected to lobby lawmakers. nra members promise to challenge the bill.also-- landmark legislation on immigration could be unvieled as early as tomorrow. retailers are hoping warmer temps will prop up a spring sales slump. march retail sales fell 0.4% - the biggest drop in nine months.a cold snap, uncertainty out of washington, and a weak job market were to blame. "we've seen retailers see these ebbs happen. there's a lot of year left, so no need to panic. i think so long as consumers come back in april, retailers will go with their normal discounting plans." some economists expected a spring slump from sequester cuts and higher taxes.they say a boost in hiring and wages is needed for consumers to step up spending. citigroup reports earnings this morning... but it's already bec
where lawmakers will take up key bills this week. the senate-- may consider a proposal on gun legistlation that expands background checks to people attempting to buy firearms online and at gun shows.former congress woman gabby giffords who was shot in 2011, is expected to lobby lawmakers. nra members promise to challenge the bill.also-- landmark legislation on immigration could be unvieled as early as tomorrow. retailers are hoping warmer temps will prop up a spring sales slump. march retail...
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82
Sep 4, 2013
09/13
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KICU
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obama. the house and and senate are expected to vote next week on authorizing an air strike against syria. a major shareholder of smithfield foods is going on the record to oppose the sale of the company to a chinese firm. the virginia-based smithfield is the world's largest pork producer. the company struck a deal last may to sell it's business china's shuanghui international for $7.1 billion. starboard value l-p owns nearly 6% of smithfield common stock and says shareholders are being shortchanged with the per- share price of $34. instead the company should be worth between $44 and $55. the number of wireless aquisitions recently--including microsoft's purchase of nokia, are aimed at one thing--the wireless future. our cover story look at who gains and who pays as companies position for what's next. microsoft's purchase of handset- maker nokia helps the software giant transition into a gadget and services company. it also lines up nokia's ceo stephen elop to return to microsoft and succeed
obama. the house and and senate are expected to vote next week on authorizing an air strike against syria. a major shareholder of smithfield foods is going on the record to oppose the sale of the company to a chinese firm. the virginia-based smithfield is the world's largest pork producer. the company struck a deal last may to sell it's business china's shuanghui international for $7.1 billion. starboard value l-p owns nearly 6% of smithfield common stock and says shareholders are being...
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May 22, 2013
05/13
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"we don't yet know the full extent of the damage from this week's storm. we don't know both the human and economic losses that may have occurred. we know that severe rumbling of weather, bad weather, through much of the country still continues. and we're also preparing for a hurricane season that begins next week." corporate america is also stepping in. home depot has pledged $1 million to a weather impact fund to help those in oklahoma and the southwest in anticipation of more severe weather. red cross is taking donations at 1-800-red-cross, or text "red cross" to 90999 to make a $10 donation. tesla motors speeds up its plan to repay a government loan. the ceo says it may happen as early as today. the loan came from the department of energy and was extended to the electric car maker in june of 2009. it covered the cost of developing and building the company's model 's'. the repayment of more than $450 million will cover the balance due plus interest. a new twist in the irs scandal. lois lerner, an irs official in charge of requests for tax- exempt status,
"we don't yet know the full extent of the damage from this week's storm. we don't know both the human and economic losses that may have occurred. we know that severe rumbling of weather, bad weather, through much of the country still continues. and we're also preparing for a hurricane season that begins next week." corporate america is also stepping in. home depot has pledged $1 million to a weather impact fund to help those in oklahoma and the southwest in anticipation of more severe...
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Dec 18, 2013
12/13
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KICU
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a judge ruled this week: the government snooping of tech data may be unconstitional. a vote is expected today on a bipartisan budget agreement. yesterday the senate cleared a path for a final vote on the budget deal. it sets top line spending for 2014 & 15, and reduces sequester spending cuts by 63 billion over two years. the senate voted to end debate. however, some conservative members opposed the deal. its expected to pass the senate and receive a signature from the president. after that, congress would begin work on an omnibus spending bill for 2014. the sec is collecting a staggering amount of money this year as corporations pay a record price for bad behavior. the securities and exchange commission reports it levied a $3.4 billion in penalties. up 10% from last year. the bulk of the fines is coming from hedge fund sac capital, bp and jp morgan chase. starting this week, less chit chat at jpmorgan. reuters reports the bank has banned employees from using chat rooms to communicate with each other at work. regulators have monitored online chats as part of the ongoi
a judge ruled this week: the government snooping of tech data may be unconstitional. a vote is expected today on a bipartisan budget agreement. yesterday the senate cleared a path for a final vote on the budget deal. it sets top line spending for 2014 & 15, and reduces sequester spending cuts by 63 billion over two years. the senate voted to end debate. however, some conservative members opposed the deal. its expected to pass the senate and receive a signature from the president. after...
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Nov 15, 2013
11/13
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the panel could vote on her confirmation as early as next week. its widely anticipated yellen will eventually be confirmed by the full-senate, despite g-o- p members' threats to block her nomination. president obama admits he "fumbled" the launch of the affordable care act. we fumbled the ball in terms of the rollout.' but we always knew this was going to be hard. there's a reason why folks who tried to do it for 100 years and hadn't done it. at an event in ohio-- the president told the crowd-- health care is a problem he wants to solve. and he's not willing to go back to the old system. as a fix to the new program. the president says consumers can keep their current medical coverage through 2014 and it does not have to meet the coverage requirements under the new law. the president also says healthcare.gov will be able to handle the "majority" of users by the end of november.-- but not all. house speaker john boehner says the only way to fix obamacare is to repeal it. some health insurance companies also responded that presiden't changes to the l
the panel could vote on her confirmation as early as next week. its widely anticipated yellen will eventually be confirmed by the full-senate, despite g-o- p members' threats to block her nomination. president obama admits he "fumbled" the launch of the affordable care act. we fumbled the ball in terms of the rollout.' but we always knew this was going to be hard. there's a reason why folks who tried to do it for 100 years and hadn't done it. at an event in ohio-- the president told...
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May 7, 2013
05/13
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president obama will speak at that event. in the names of officers who recently died will be added to the memorial. money raised from the bike ride helps maintain the monument. >>> the affordable care act was passed a few years ago, yet many americans still don't know exactly what it covers. in a story we first brought you at 5:00, jana katsuyama breaks down in plain language what it does, and who it helps. >> reporter: it's about three years since the affordable care act was signed. many people still aren't aware of new benefits that might benefit them. >> i don't even have any idea how to access it. >> reporter: we dug into the 900 plus pages, and found that many preventive health procedures, vaccines, even some medications you can get for free. dr.elizabeth renner says it is needed. >> i actually had a mother ask me, do we really need to give this child this immunization now? because we're still on our deductible. >> reporter: the aca passed on march 23, 2010. all health insurance plans created since then are required to c
president obama will speak at that event. in the names of officers who recently died will be added to the memorial. money raised from the bike ride helps maintain the monument. >>> the affordable care act was passed a few years ago, yet many americans still don't know exactly what it covers. in a story we first brought you at 5:00, jana katsuyama breaks down in plain language what it does, and who it helps. >> reporter: it's about three years since the affordable care act was...
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135
Sep 13, 2013
09/13
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of the week. or how to get great deals the easy way. you do enough flying around. that's why we give you real big club card deals. this week, a super low price on breakfast. honey bunches of oats is only $1.88 a box. arrowhead water is just $3.33 a case. make it a triple scoop. dreyer's ice cream is just $2.88. real big deals this week and every week. only at safeway. ingredients for life. . >>> researchers say they're optimistic of california's sea otter population. its annual count found 2,941 on the ares living along the california coast including a record 417 pups. the sea otter is on the federal list of threaten the species. they were once presumed extinct. a new dozen animals were discovered in the 30s. >>> and kennedy center honors can add it to his awards of san tan a -- santana. billy joel, hancock and shirley mack explain mclane are some other honor ery ees. >> after ten consecutive powerball drawings, no one has matched the powerball. saturday's drawing will be at least $317 million wit
of the week. or how to get great deals the easy way. you do enough flying around. that's why we give you real big club card deals. this week, a super low price on breakfast. honey bunches of oats is only $1.88 a box. arrowhead water is just $3.33 a case. make it a triple scoop. dreyer's ice cream is just $2.88. real big deals this week and every week. only at safeway. ingredients for life. . >>> researchers say they're optimistic of california's sea otter population. its annual count...
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250
Sep 21, 2013
09/13
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KICU
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. >>> a partial government shut down is looming in a little over a week. the republican led house voted to keep the government running but at the same time defund the affordable care act. craig boswel tells us this sets up a show down with president obama over his signature bill. >> reporter: president obama visited a auto building plant in missouri. he then challenged congress to approve a debt ceiling increase and slammed house republicans for a vote on a continuing resolution funding the federal government minus any funding for obama care. >> they're actually willing to plunge america into default if we can't defund the affordable care act. >> reporter: just a couple of hours earlier the house did exactly what gop leaders said it would do. >> the yaes are 230, the nae are 2001. >> reporter: they stripped away money set aside to fund the affordable care act. >> it's time for us to say no. it's time to stop this before it causes any more damage. >> reporter: republicans celebrated in what was part pep rally and part truth or dare message. >> we're in the
. >>> a partial government shut down is looming in a little over a week. the republican led house voted to keep the government running but at the same time defund the affordable care act. craig boswel tells us this sets up a show down with president obama over his signature bill. >> reporter: president obama visited a auto building plant in missouri. he then challenged congress to approve a debt ceiling increase and slammed house republicans for a vote on a continuing resolution...
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Aug 7, 2013
08/13
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about two weeks later they look great. >> this was mr. obama's sixth appearance on the tonight show and his fourth appearance since becoming president. >>> earlier today president obama announced a -- the president says he supports a plan to phase out government backed fannie mae and freddie mac and replace them with a private system. they collapsed almost five years ago. >> for too long, these companies were allowed to make huge profits buying mortgages, knowing that if their best went bad, taxpayers would end upholding the bag. it was heads we win, tails you lose. >> the president spoke in phoenix. >>> tomorrow the president is set to answer questions about houses from the public in an online chat that will be hosted by the ceo of zillow.com. the obama administration is encouraging the public to join in to the discussion by submitting questions on various social media sites using the hash tag, ask obama housing. >>> it's the first time the cell phone alert has been used here in california. and as ktvu's robert handa reports, it took peo
about two weeks later they look great. >> this was mr. obama's sixth appearance on the tonight show and his fourth appearance since becoming president. >>> earlier today president obama announced a -- the president says he supports a plan to phase out government backed fannie mae and freddie mac and replace them with a private system. they collapsed almost five years ago. >> for too long, these companies were allowed to make huge profits buying mortgages, knowing that if...
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May 13, 2013
05/13
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KICU
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. >> the white house press secretary says president obama expects swift punishment for those responsible for the misconduct. >>> the legal battle over drake's bay oyster company is scheduled to be back in court this week. on tuesday, hearing is scheduled to appeal a ruling about whether or not the historic oyster company can operate on national park service land during legal proceedings. drake's company was ordered off the state land. after that there have been several counter suits claiming that drake's bay is operating without a permit. however drake's bay claims it filed for the permit years ago and that the commission has delayed issuing it. >>> on this mother's day every mom wants to feel like she's someone special. ktvu's katie yuta reports on some moms that sometimes have problems feeling special but not today. >> reporter: the blowing of the blow drier and the song of a violin made it a special day for mothers from a shelter. the mother's day at hamilton shelter made everyone feel special. and make up from artists from bloomingdale. >> i've never had my make up done. so i really
. >> the white house press secretary says president obama expects swift punishment for those responsible for the misconduct. >>> the legal battle over drake's bay oyster company is scheduled to be back in court this week. on tuesday, hearing is scheduled to appeal a ruling about whether or not the historic oyster company can operate on national park service land during legal proceedings. drake's company was ordered off the state land. after that there have been several counter...
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May 21, 2013
05/13
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eye 114
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the tea party may file lawsuits next week against the irs. senator john mccain -- introduced a bill that would use regulatory incentives to encourage the cable t-v industry to "unbundle" channels. it is running into some static, though. cable lobbyists argue that unbundling would mean the end of many channels not popular enough to survive on their own. the n-double-a-c-p blasted unbundling on the grounds that it would, quote" kill diversity in programming." new york senator chuck schumer is pleading with the airlines to reverse the latest round of fee hikes. its in responding to a move made by four carriers to raise ticket change fees from $150 to $200, schumer says its unfair to families on a budget. the department of transportation recently noted that in 20-12 airlines made more in fees than ever before. microsoft jumps back into the game industry today with its new xbox. competition is fierce. the xbox will go up against sony's play station 4 and the wii u. one other issue-- game players have steadly been moving online. yahoo confirms it's
the tea party may file lawsuits next week against the irs. senator john mccain -- introduced a bill that would use regulatory incentives to encourage the cable t-v industry to "unbundle" channels. it is running into some static, though. cable lobbyists argue that unbundling would mean the end of many channels not popular enough to survive on their own. the n-double-a-c-p blasted unbundling on the grounds that it would, quote" kill diversity in programming." new york senator...
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Feb 12, 2013
02/13
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eye 182
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pyongyang had been threatening to conduct it for weeks. the international nuclear test ban organization calls north korea's testing a clear threat to international peace and security. >>> president obama is set to deliver his state of the union address tomorrow night before a joint session of congress. the president plans to focus on the economy. he's expected to call for more government investment in education and infrastructure while also acknowledging the need to reduce the deficit with new taxes and budget cuts. the white house also says his top priorities are the same as they have been, creating jobs and growing the middle class. >>> apple ceo tim cook is one of the invited guests. he's expected to watch the state of the union with the first lady. last year she was joined by steve jobs' widow. the first lady has also invited military families and victims of gun violence. our live coverage of the state of the union starts at 6 p.m. following ktvu channel 2 news at 5:00. then at 7:30 we'll break down the president's speech and gop respo
pyongyang had been threatening to conduct it for weeks. the international nuclear test ban organization calls north korea's testing a clear threat to international peace and security. >>> president obama is set to deliver his state of the union address tomorrow night before a joint session of congress. the president plans to focus on the economy. he's expected to call for more government investment in education and infrastructure while also acknowledging the need to reduce the deficit...
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Jul 22, 2013
07/13
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KICU
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eye 75
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this protest deaf netly the most confrontational here of the past week. reporting live in san jose, deborah villalon, ktvu news. >>> president obama's remarks about the trayvon martin verdict are making waves. president obama said it could have been me. >> i was very surprised. i felt it was timely but i think he could feel the anger that was going across the country. i felt he thought he needed to respond any way, i think took a lot of courage. >> when he left the podium he did not answer the most important question. where do we go from here. that question this morning remains unanswered at least from the perspective of the president. >> reporter: president obama did say violent protests would dishonor trayvon martin and that americans need to do some soul searching. >> you will find the latest news plus video from this weekend's protest on ktvu.com. >>> one year to the day after surviving the aurora colorado movie theater massacre a couple says i do. they tied the knot just three miles from the theater. hans tried to protect his girlfriend. he was shot
this protest deaf netly the most confrontational here of the past week. reporting live in san jose, deborah villalon, ktvu news. >>> president obama's remarks about the trayvon martin verdict are making waves. president obama said it could have been me. >> i was very surprised. i felt it was timely but i think he could feel the anger that was going across the country. i felt he thought he needed to respond any way, i think took a lot of courage. >> when he left the podium...
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Dec 22, 2013
12/13
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KICU
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eye 134
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the president has no public events scheduled during his two- week visit to his home state. last year, the president was forced to cut his holiday short to address the fiscal crisis in washington the day after christmas. >>> heading east for the holiday? be prepared, we'll show you the areas hit hardest by the winter storms and that could put a damper on holiday travel. >> plus tough love or terrible participanting? the controversy surrendering this video so you made some bad decisions last night. make a good one this morning. get two biscuit sandwiches, with your choice of country grilled sausage, egg, and cheese, or bacon, egg, and cheese, both on my new southern style biscuits. you'll save some cash 'cause right now they're two for just three bucks. c'mon cody... let's get some breakfast. you drive. i traded the car for the tattoo. . >>> there wasn't much to see from the air, just two yellow shapes and a white square. that is what australian rescuers saw what they found two fishermen clinging to a cooler off new south wales this morning. the two called for help when their
the president has no public events scheduled during his two- week visit to his home state. last year, the president was forced to cut his holiday short to address the fiscal crisis in washington the day after christmas. >>> heading east for the holiday? be prepared, we'll show you the areas hit hardest by the winter storms and that could put a damper on holiday travel. >> plus tough love or terrible participanting? the controversy surrendering this video so you made some bad...
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Dec 4, 2013
12/13
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the investigation could take weeks or even months. now that healthcare dot gov can handle the traffic, president obama is launching a public information -- and relations -- blitz to promote participation in the health insurance exchanges. the president held an event at the white house yesterday in an effort to shift national focus towards the benefits of the new law and away from the rocky rollout of the site. republicans continue a campaign against the affordable care act. house speaker boehner calling it a government-centered health care delivery system that is fundamentally flawed. the student loan industry will soon be closely watched by the consumer financial protection bureau. the watchdog agency will now have supervisory authority over non-bank companies.the agency already oversees student loans issued by banks but most student loans are serviced by companies.. the agency will ensure that loan servicers are complying with the laws. student loan debt in the u-s tops $1.2 trillion and as many as 7 million borrowers are in default
the investigation could take weeks or even months. now that healthcare dot gov can handle the traffic, president obama is launching a public information -- and relations -- blitz to promote participation in the health insurance exchanges. the president held an event at the white house yesterday in an effort to shift national focus towards the benefits of the new law and away from the rocky rollout of the site. republicans continue a campaign against the affordable care act. house speaker...
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Dec 18, 2013
12/13
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KICU
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president obama met with top executives and leading technology at the whitehouse today. the leaders of google, apple, facebook and other companies all met with the president and other top aids. they asked for fines to be raised. >> dow dropped 9 points. >> the 49ers long run in its park has met its final days. >> today our cameras got a last look inside candlesticks park and we heard from the workers who seen history happen. to the catch in 1982. >> montana throws his pass, caught by clark to the frantic moments of the 1989 earthquake, the park holds memories for all who braved the game in the fog and cold in hunters point. >> i came to a game at candlestick and came in shorts and a t-shirt and i didn't get the memo. >> sitting there in that locker room i was down there with chico norton. it was a thrill. >> while everyone agrees the stadium is outdated, people who work there understand why people are getting so sentimental. >> it's like the house you group in, it may not have been the prettiest house in the neighborhood, but those are your memories. >> not that bad out
president obama met with top executives and leading technology at the whitehouse today. the leaders of google, apple, facebook and other companies all met with the president and other top aids. they asked for fines to be raised. >> dow dropped 9 points. >> the 49ers long run in its park has met its final days. >> today our cameras got a last look inside candlesticks park and we heard from the workers who seen history happen. to the catch in 1982. >> montana throws his...
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Jan 5, 2013
01/13
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president obama could select this selection as soon as next week. hagel could face opposition in the senate for disparaging comments that he made in the past about israel and gays. >>> an airline pilot arrested for intoxicate as he was preparing for a flight. plus thousands of fake guns destroyed in mexico. the connection they have to real crime. >> we have clear skies right now but a weather system is developing offshore. the timing of the heaviest rain this weekend and the one direction temperatures will be heading over the i wanted to be in the military since i was a kid. i served a total of 16 years. and at 19 years old, that's the first time i ever saw somebody die. coming back, i was raging. i started having pretty horrible nightmares. i started drinking a lot. i guess i never recognized it in myself. it all starts with going to the va. there's a whole community of veterans that just want to help you out. it's for the guys who couldn't come back, you owe it to them to live well. because they're not here with their families. >>> an american eag
president obama could select this selection as soon as next week. hagel could face opposition in the senate for disparaging comments that he made in the past about israel and gays. >>> an airline pilot arrested for intoxicate as he was preparing for a flight. plus thousands of fake guns destroyed in mexico. the connection they have to real crime. >> we have clear skies right now but a weather system is developing offshore. the timing of the heaviest rain this weekend and the one...
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473
Dec 16, 2013
12/13
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KICU
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also this week: confirmation votes on not just the yellen nomination but also president obama's pick to be the next commissioner of the internal revenue service. he is john koskinen and that vote could actually take place today. u.s. companies are laying off workers in china. slow growth has big names like hewlett packard, and johnson and johnson downsizing. a survey of the u.s. china business council says half of american companies plan to increase investment in china in 2014. it sounds like a lot, but its actually down dramatically from last year. fewer companies are opening factories and facilities, which indicates a deceleration in long term plans for growth. big names like gm, and walmart however, have not ditched efforts to expand in the east. maybe a new name will make people forget. that's one of the changes s-a-c capital advisors is considering as it downsizes and restructures following a landmark insider trading settlement with the government. the once mighty hedge fund is still a titan even after paying nearly 2 billion dollars in civil and criminal penalties and returning
also this week: confirmation votes on not just the yellen nomination but also president obama's pick to be the next commissioner of the internal revenue service. he is john koskinen and that vote could actually take place today. u.s. companies are laying off workers in china. slow growth has big names like hewlett packard, and johnson and johnson downsizing. a survey of the u.s. china business council says half of american companies plan to increase investment in china in 2014. it sounds like a...
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Feb 15, 2013
02/13
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KICU
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the president issued an executive order this week. it requests agencies set standards for companies with "sensitive infrastructures." those standards include updated anti-virus programs, being aware of all points where a company connects to the internet, and limiting widespread company access. the measures are voluntary, but could become mandatory. as we head into the holiday weekend, gas prices remain on the high side. refinery outtages along the east and west coasts as well as in europe are driving up crude oil. crude futures topped off above $97 yesterday. oil is up nearly $10 in the past 2 months. oil trader phil flynn, a fox business news contributor, believes the refinery situation is stabilizing. "so that should ease some of the concerns, but not in all parts of the country. just yesterday, we heard in the chicago area a major refinery fire happened. it pushed up prices 9 cents, so i recommend staying out of chicago if you have to fill your gas tank." prices in chicago average $3.80. the national average for a gallon of unleade
the president issued an executive order this week. it requests agencies set standards for companies with "sensitive infrastructures." those standards include updated anti-virus programs, being aware of all points where a company connects to the internet, and limiting widespread company access. the measures are voluntary, but could become mandatory. as we head into the holiday weekend, gas prices remain on the high side. refinery outtages along the east and west coasts as well as in...
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Sep 1, 2013
09/13
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KICU
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she said she's pleased that president obama is including congress in the decision. she said there is too much at stake to rush into with consequences without a debate and vote. about a hundred protestors rallied against entering syria's war. the protest organized by the answer coalition compare tropical storm situation to iraq where the us invaded on false information regarding chemical weapons. in washington d.c. there were protests on both sides. across pennsylvania avenue, supporters of the syrian opposition protested against assad's use of chemical weapons. >>> a traffic detour twist. a ramp closed because of the work on the bridge. >>> world famous news gathered in smoke. >>> >> more now on the closure of the bay bridge. traffic was heavy for a third day as drivers navigated the bay bridge shut down. 3 lanes are coned off for the bridge work. on both sides of the bridge lanes are closed. noel walker spent the day if san francisco where a closure of a ramp today added to the frustration. >> reporter: it's as if someone splattered orange paint. >> it's query. >>
she said she's pleased that president obama is including congress in the decision. she said there is too much at stake to rush into with consequences without a debate and vote. about a hundred protestors rallied against entering syria's war. the protest organized by the answer coalition compare tropical storm situation to iraq where the us invaded on false information regarding chemical weapons. in washington d.c. there were protests on both sides. across pennsylvania avenue, supporters of the...
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Jun 26, 2013
06/13
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KICU
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speaking of overseas, this week the president begins travels to senegal, tanzania and south africa. before he takes off, president obama is set to meet with senators and urge them to bring the immigration bill to the floor. he wants action on the landmark legislation before the summer break. a busy day is aready ahead for the senate. ohio democrat sherrod brown will introduce a new bill calling on the treasury to refinance student debt at lower interest rates. student loan interest is set to double to 6.8% july 1st if congress fails to act. a supreme court ruling today could have a major economic impact on same-sex couples. the high court is expected to rule on the defense of marriage act today, which states that marriage is strictly between a man and a woman. if overturned, new benefits will be available to gay couples in states where same-sex marriage is legal - benefits such as filing for joint income taxes, tax breaks on medical benefits, and social security death benefits. details are finally emerging about what lead to men's wearhouse firing its founder, george zimmer. after w
speaking of overseas, this week the president begins travels to senegal, tanzania and south africa. before he takes off, president obama is set to meet with senators and urge them to bring the immigration bill to the floor. he wants action on the landmark legislation before the summer break. a busy day is aready ahead for the senate. ohio democrat sherrod brown will introduce a new bill calling on the treasury to refinance student debt at lower interest rates. student loan interest is set to...
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Aug 28, 2013
08/13
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KICU
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in remarks this week- treasuryi secretary jack lew told reporters--congress appropriated the money and therefore it is a congressional responsibility to now pay its bills. the u.s is expected to hit the debt limit in mid-october. the gop has talked up demanding spending reforms or cutting funding to obamacare in return for raising the country's borrowing limit. the sec wants answers soon on recent technigal trading troubles. officials at the nasdaq and the new york stock exchange have been asked to provide a timeline of last thursday's three hour trading halt on nasdaq stocks. nasdaq and nyse reuters reports that the rival exchanges have been unable to agree on that timeline and are apparently blaming each other for the glitch. sec chair mary jo white has called a meeting for septemeber 12th with the heads of both exchanges. the sec has asked both nasdaq and the new york stock exchange to provide a timeline of last thursday's three-hour halt in trading. reuters reports that the rival exchanges have been unable to agree on that timeline and are apparently blaming each other for the glit
in remarks this week- treasuryi secretary jack lew told reporters--congress appropriated the money and therefore it is a congressional responsibility to now pay its bills. the u.s is expected to hit the debt limit in mid-october. the gop has talked up demanding spending reforms or cutting funding to obamacare in return for raising the country's borrowing limit. the sec wants answers soon on recent technigal trading troubles. officials at the nasdaq and the new york stock exchange have been...
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Mar 23, 2013
03/13
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KICU
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president obama is scheduled to offer his own program in a few weeks. >>> the aviation administration -- there's been no decision yet on the airports near santa rosa, napa, concord, livermore and san carlos. reporter mike lurey reports on a pilot in sacramento who worries about safety. >> i'm hoping that there's going to be a last minute deal before these things actually close. >>> scott miller is a pilot, he trains his students how to use the radios in the airplane to maintain proper spacing for take offs but says traffic controllers will be missed. >> being able to call traffic controller and help us locate other traffic we'll have to do those tasks ourselves. one experienced worker at executive was blunt about the anticipated impact. >> initially i think we'll have some chaos. >> reporter: myer runs myers pacific an aviation insurer. he believes fewer planes will take off and land at executive without flight controller. >> what they want to know is there's not another weed wacker taking off that hasn't announced his intentions. >> the faa says it will save $635 million. >>> bay are
president obama is scheduled to offer his own program in a few weeks. >>> the aviation administration -- there's been no decision yet on the airports near santa rosa, napa, concord, livermore and san carlos. reporter mike lurey reports on a pilot in sacramento who worries about safety. >> i'm hoping that there's going to be a last minute deal before these things actually close. >>> scott miller is a pilot, he trains his students how to use the radios in the airplane to...
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May 27, 2013
05/13
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KICU
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tomorrow the people of moore plan to pause marking one week since that tornado hit. today president obama toured the devastation and met with storm survivors and first responders. he reassured the residents of oklahoma that they have the power of the nation behind them. >> we're going to be there as shelter to the storm. when we say we have your back i promise you we keep our word. >>> the federal government has already approved 3-1/2 million dollars in aid and oklahoma's governor says she will remain in contact with the president. >> this is going to be ongoing for quite a long time. >> reporter: so far more than 4,200 people have applied for federal disaster assistance. >>> pg & e crews are working right now to restore power to hundreds of san francisco residents. a series of fires on utility poles caused the outages. this was one on london and russia street. firefighters say they responded to nine similar fires last night. drizzle in san francisco last night combined with dust in the wire created mud which can cause a short and a spark of fire. power is expected t
tomorrow the people of moore plan to pause marking one week since that tornado hit. today president obama toured the devastation and met with storm survivors and first responders. he reassured the residents of oklahoma that they have the power of the nation behind them. >> we're going to be there as shelter to the storm. when we say we have your back i promise you we keep our word. >>> the federal government has already approved 3-1/2 million dollars in aid and oklahoma's...
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Jun 3, 2013
06/13
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KICU
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. >>> president obama is scheduled to return to the bay area this week to attend two high profile fundraisers. mr.obama is expected to arrive in the bay area on thursday. and appear at a reception of marcy and mike mccue. the president is off to a $32,000 a plate dinner at the portola valley home. the cofounder of sun microsystems. >>> a book by a political author is due to go on sale tomorrow. author kline says that president obama has made a secret deal to support hillary clinton if she decides to run for president. >>> the march is held every june to commemorate the martyr of the shiek. >> we believe in one god. we don't believe in terrorism. we are very peaceful people. >> before the march people gathered. more than anything they want to promote a sense of community with people of all faiths. >>> we are following some developing news right now in southern california where the power house fire has more than tripled in size. and burned at least six homes. now the fire started thursday afternoon near santa claraty -- clarita. overnight it roared through lake hughes and lake elizabeth. here y
. >>> president obama is scheduled to return to the bay area this week to attend two high profile fundraisers. mr.obama is expected to arrive in the bay area on thursday. and appear at a reception of marcy and mike mccue. the president is off to a $32,000 a plate dinner at the portola valley home. the cofounder of sun microsystems. >>> a book by a political author is due to go on sale tomorrow. author kline says that president obama has made a secret deal to support hillary...
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130
Aug 27, 2013
08/13
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KICU
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. >> at 10:30, the warning tonight from police and what you need to know, so you don't >>> the obama administration appears poised to take military action against syria after last week's large scale chemical attack. secretary of state, john kerry made the clearest justification yet. he said there is undeniable evidence. kerry called last week's attack, a moral obscenity. >> what we saw in syria last week should shock the conscious of the world. it defies any code of morality. >> reporter: the navy has four ships in position for a possible strike. the white house may provide additional details about the use of chemical weapons in syria as soon as tomorrow. president obama reached out to members of congress to brief them on the situation. european allies are also discussing an appropriate response. the u.s. would likely launch tomahawk cruise missiles from those ships in the mediterranean. the president says he has ruled out putting american troops on the ground in syria. >>> u.s. stock markets drifted lower today after the obama administration increased pressure on syria. the dow indu
. >> at 10:30, the warning tonight from police and what you need to know, so you don't >>> the obama administration appears poised to take military action against syria after last week's large scale chemical attack. secretary of state, john kerry made the clearest justification yet. he said there is undeniable evidence. kerry called last week's attack, a moral obscenity. >> what we saw in syria last week should shock the conscious of the world. it defies any code of...
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Apr 24, 2013
04/13
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KICU
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a new campus smoking ban be lifted this week. they already limit smoking to designated areas. ucla is the first uc campus to ban all smoking. the remaining will go smoke free next year. they are making plans to end smoking on its campuses this year. >>> or callanped a 72-foot windsail in san francisco today. they plan to use the yacht against swedish challengers. the new boat replaces another one that was badly damaged when it capsized in the bay last october. they expressed concern that building a new yacht could set them back. >>> another somber day in boston as mourners remember two bombing victims. what authorities are saying about the mental state of the surviving suspects. >>> the mission to ban and identify some newly happened chicks in the south bay. >> the fog is making a comeback, and a significant drop in temperatures is felt around the bay area this hour. i and looking at your forecast for wednesday. i'll have that and more coming up sofa... desk... you know what? why don't you go get some frozen yogurt. i got this. y
a new campus smoking ban be lifted this week. they already limit smoking to designated areas. ucla is the first uc campus to ban all smoking. the remaining will go smoke free next year. they are making plans to end smoking on its campuses this year. >>> or callanped a 72-foot windsail in san francisco today. they plan to use the yacht against swedish challengers. the new boat replaces another one that was badly damaged when it capsized in the bay last october. they expressed concern...
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Jun 8, 2013
06/13
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KICU
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when the fbi director goes to capitol hill. >>> janet thank you. >>> president obama is now in southern california in the desert for two day summit with the new leader of china. president obama and the china president are meeting. the u.s. has accused china of hacking. president obama met the chinese ledder in march and they decided another meeting was in order. >>> warm hot weather pattern across most of the bay area. you notice over the past few hours the fog clearing from the coast especially south of the golden gate bridge. i'm expecting to patchy going to redevelop late tonight into early tomorrow morning. it is still warm out there right now during the 10:00 hour. it is 83 degrees in livermore. san jose currently 74 san francisco the cool spot in the 50s. forecast highs for tomorrow still on the hot side. look at the upper 90s to triple digits out toward livermore, 102 degrees. san jose 90. oakland at 80 degrees san francisco 72. but some big changes for the second half of the weekend coming up how a system in southern california will cause our temperatures to tumble as we head in
when the fbi director goes to capitol hill. >>> janet thank you. >>> president obama is now in southern california in the desert for two day summit with the new leader of china. president obama and the china president are meeting. the u.s. has accused china of hacking. president obama met the chinese ledder in march and they decided another meeting was in order. >>> warm hot weather pattern across most of the bay area. you notice over the past few hours the fog...
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Aug 6, 2013
08/13
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KICU
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president obama continues his campaign-style tour on middle- class issues across the country this week. today, he's in phoenix, an area hard hit by the housing crisis. lisa foradori joins us. she is from jp morgan chase. good morning. who's buying, and how's phoenix doing these days? - from a buying prospective we're starting to see younger, dual-income couples getting into the market, which is good. and the reason they're doing it is there's some positive signs. speaking specifically to phoenix, when we look at our chase mortgage originations, year-over-year we've seen over a 50% increase in originations from 2011 to 2012. but then what's really important about phoenix is we're seeing the home values increase. so, buyers are looking to see that those values are increasing, and they're also making sure that- they want to be confident, so they want to see that unemployment rates have remained steady. what we're seeing it is, unemployment rates in phoenix are lower than the national average, so phoenix in general is a very hot market for us. close to 70% of our total originations in 2013
president obama continues his campaign-style tour on middle- class issues across the country this week. today, he's in phoenix, an area hard hit by the housing crisis. lisa foradori joins us. she is from jp morgan chase. good morning. who's buying, and how's phoenix doing these days? - from a buying prospective we're starting to see younger, dual-income couples getting into the market, which is good. and the reason they're doing it is there's some positive signs. speaking specifically to...
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Aug 2, 2013
08/13
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KICU
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after taking a slight tumble in recent weeks, the 30- year ticked up to 4.39% from 4.31% last week, while the 15- year hit 3.43%, up from 3.39%. meanwhile, president obama is preparing for a speech on the housing market monday in arizona. momentum appears to be on the side of the housing market, with home prices up 38% since last year. but will it continue into the second half of the year? jed kolko, chief economist at trulia, is skyping with us this morning. hello jed. - good morning. - and how far into the housing recory are we? - we're more than halfway back to normal. we look at several measures of the housing recovery to see where we are today compared to the worst point during the recession, and the long-term normal level. and right now, we're a little more than halfway back, but there's still a ways to go before the housing market returns to normal. - what trends do you see forming in the second half of the year? - we've seen very big price increases over the past year. i expect we're going to see those start to slow down a bit. higher mortgage rates; more inventory coming onto the
after taking a slight tumble in recent weeks, the 30- year ticked up to 4.39% from 4.31% last week, while the 15- year hit 3.43%, up from 3.39%. meanwhile, president obama is preparing for a speech on the housing market monday in arizona. momentum appears to be on the side of the housing market, with home prices up 38% since last year. but will it continue into the second half of the year? jed kolko, chief economist at trulia, is skyping with us this morning. hello jed. - good morning. - and...
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274
Mar 13, 2013
03/13
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KICU
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eye 274
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a special election listen june 4 nate gave initial approval last week. he says he plans to plead gelty when the place case goes court. >>> the be e.g. budget battle heating up with president obama making first of three planned trips to the u.s. capital. the president attended a closed door meeting they plan to discuss. and meantime outlined their own budget today. the president plans to meet with house republicans tomorrow and has a third meeting with lawmakers at the capital thursday. >>> wall street took a breeze we are stock trading contained to a narrow range. did manage a slight gain but nasdaq lost points. >>> and google reveals a new vision. see who you had it it plans to narcotic' area too ahead. >>> ed the u.s. department of labor says the number of job opening continues to increase. the u.s. gamed 2 million knew gnu jobs in the past year. the form ore of direct of california's public can department says people now voluntarying leaving outnumber unvoluntary firing. >>> and smaller accomplishment say they've been getting calls from real estate ag
a special election listen june 4 nate gave initial approval last week. he says he plans to plead gelty when the place case goes court. >>> the be e.g. budget battle heating up with president obama making first of three planned trips to the u.s. capital. the president attended a closed door meeting they plan to discuss. and meantime outlined their own budget today. the president plans to meet with house republicans tomorrow and has a third meeting with lawmakers at the capital thursday....
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Apr 21, 2013
04/13
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strong in the face of last week's bombings. >> if anyone wants to know who we are? what america is? how we respond to evil and terror? that is it. severallessly, compassionately and unafraid. >> president and police obama attended a memorial service in boston on thursday for the bombing victims. in this morning's dress the president said "boston's unwaivering spirit remained undaunted in the face of terror." the president told the people of boston the rest of the nation is with them in their time of trouble. >>> here in the bay area love and support is pouring in for a martinez boy who was wounded in the boston bombings. ktvu's john sasaki shows us how friends and neighbors are raising money for aaron hern. >> reporter: it was a great day for a work in briones park, but this day was about photography for a good cause. >> oh, pretty. >> it's a great family and we just want to help them out. >> nicole digiorgio is a professional photographer who lives next to dot hereins. >> they watched us children grow up and their daughter is playing at my house with their daughter
strong in the face of last week's bombings. >> if anyone wants to know who we are? what america is? how we respond to evil and terror? that is it. severallessly, compassionately and unafraid. >> president and police obama attended a memorial service in boston on thursday for the bombing victims. in this morning's dress the president said "boston's unwaivering spirit remained undaunted in the face of terror." the president told the people of boston the rest of the nation is...
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Jun 23, 2013
06/13
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announced he will make a major speech next week about climate change and how to solve it. >> it's a serious challenge, but it's one uniquely suited to america's strengths. we'll see need scientists and farmers and engineers to device new sources of energy and businesses to make and sell them. we'll need workers to build the foundation for a clean-energy economy. >> mr. obama called for america to be a leader in combating the global crisis and he will make his speech tuesday at georgetown university in washington d.c.. >>> investigators are trying to figure out what caused a vintage plan to crash today apan air show? the stearman biplane crashed into a field in ohio and burst into flames. officials there on the scene of the 39th annual vectren air show that a pilot and veteran female wing walker were killed. duo appeared to be executing an stunt in which the plane flipped while the wing walker is out on one what's been markeds no one on the ground was hurt. >>> the auto racing community is mourning the death of a driver, allan simonsen was only 9 minutes into the 24 hours race when h
announced he will make a major speech next week about climate change and how to solve it. >> it's a serious challenge, but it's one uniquely suited to america's strengths. we'll see need scientists and farmers and engineers to device new sources of energy and businesses to make and sell them. we'll need workers to build the foundation for a clean-energy economy. >> mr. obama called for america to be a leader in combating the global crisis and he will make his speech tuesday at...
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Feb 23, 2013
02/13
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cut if congress does not reach a deal by next week's deadline. >> we are at an airport in concord where 275 aircrafts take off and land here every day. it is all of the people that work here that guide them in and out safely. >> reporter: there may be turbulence ahead for the people who rely on buchanan field for their lively hood. >> it will be a big impact if they shutdown the towers. >> reporter: and the airports in livermore, san carlos may have their control towers shutdown if a deal is not reached by the end of next week. >> we are beginning discussions with our unions to likely close more than 100 air traffic control towers at airports with fewer than 150,000 flight opraeugs per year. >> reporter: they provide fuel, parking and other services to the planes here. the president of that company says without a control tower, air traffic would go down, corporate jets make up 80% of his business. >> it is really dangerous to operate without the tower. and a lot of our business jet carriers will not land here if it is shutdown. >> i might have to face employees off. >> my concern is saf
cut if congress does not reach a deal by next week's deadline. >> we are at an airport in concord where 275 aircrafts take off and land here every day. it is all of the people that work here that guide them in and out safely. >> reporter: there may be turbulence ahead for the people who rely on buchanan field for their lively hood. >> it will be a big impact if they shutdown the towers. >> reporter: and the airports in livermore, san carlos may have their control towers...
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May 23, 2013
05/13
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president obama will travel to the disaster area on sunday. residents of moore, oklahoma, now contend with the long process of "re-building." this week, home depot reported earnings that came close to $1 billion for the quarter. a large chunk of the money was made from the housing recovery and reconstruction from superstorm sandy. michael schlesinger reports on how the home improvement store is already assisting recovery efforts in oklahoma. as soon as monday's tornado touched down, the home depot in moore knew it had to do its part and reach out. it has the resources. "volunteering and supporting the first responders. we've employed about 100 associations from dallas, tulsa, just different markets to support the store, and also support the community." district manager jarred farmer knew he and his company had to step up to the plate to make sure this central oklahoma community pushed back from the tornado's damage and destruction as quickly as possible. "we'll stay open as long as the public needs us. we recently had tornadoes in texas. we st
president obama will travel to the disaster area on sunday. residents of moore, oklahoma, now contend with the long process of "re-building." this week, home depot reported earnings that came close to $1 billion for the quarter. a large chunk of the money was made from the housing recovery and reconstruction from superstorm sandy. michael schlesinger reports on how the home improvement store is already assisting recovery efforts in oklahoma. as soon as monday's tornado touched down,...
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Feb 21, 2013
02/13
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he was wanted for getting into a fight with a police officer last week. he got away then, but was found today. police say espinoza has several warrants. >>> the obama administration has filed a brief, urging overturning california's ban on gay marriage. ken wayne is live in the newsroom, and tells us, the president's opinion can carry weight with the court. >> the president himself once said, his views on gay marriage were evolving. it now appears his position is locked in. the president made his case clear during his inauguration speech. >> our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. >> reporter: there are some gay rights supporters who want the white house to not just talk about same-sex marriage, but file a brief with the supreme court, urging california's ban on same-sex marriage be overturned. >> both the legal merits support marriage equality, and also the majority of americans support marriage equality. >> reporter: the solicitor general who represents the federal government at the supr
he was wanted for getting into a fight with a police officer last week. he got away then, but was found today. police say espinoza has several warrants. >>> the obama administration has filed a brief, urging overturning california's ban on gay marriage. ken wayne is live in the newsroom, and tells us, the president's opinion can carry weight with the court. >> the president himself once said, his views on gay marriage were evolving. it now appears his position is locked in. the...
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Jun 27, 2013
06/13
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week long trip to africa. this is the president's second trip to africa during his presidency. many africans are disappointed he hasn't paid more attention to the continent as the first president with direct african ties. >>> edward snowden may be spending more time at moscow's airport. it could take up to two months to decide whether to grant request for asylum. snowden is charged with violating american espionage laws. the u.s. wants him to return to this country for prosecution. >>> and in egypt, president morsi. one rally, one man was killed and 160 others were injured. more demonstrations are planned for this sunday. egypt has been struggling since the revolution three years ago and many blame president morsi. >>> broadway paid tribute to the late actor james gandolfini. lights dimmed. gandolfini got a tony nomination in 2009. he will be best known icestone you soprano. >>> continuing coverage on the prop 8 decision. >>> a gay man and straight woman come together in their 70s for one purpose, equality. wh
week long trip to africa. this is the president's second trip to africa during his presidency. many africans are disappointed he hasn't paid more attention to the continent as the first president with direct african ties. >>> edward snowden may be spending more time at moscow's airport. it could take up to two months to decide whether to grant request for asylum. snowden is charged with violating american espionage laws. the u.s. wants him to return to this country for prosecution....
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Oct 9, 2013
10/13
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of calls on the first day boosted the average wait time to about 15 minutes but now that the first week has gone by the wait has been reduced to four minutes. >>> the government shutdown has prompted the first lady michelle obama to cancel a visit to california. some democrats were concerned about mrs. obama raising money this weekend if federal workers are furloughed since the events will political. the democratic party would have picked up her travel expenses. >>> tori dunning tonight with what president obama says needs to happen before there can be real dialogue. >>> on day eight of the government shutdown. dualing messaging continuing. it's twofold, passing a government spending bill and raising the debt ceiling. the president spoke to reporters about what he says needs to be done. >> let's lift these threats from our families and our businesses and let's get down to work. >> reporter: shortly thereafter it was house speaker john boehner's turn. >> i have to say i was disapointed that the president refuses to negotiation. >> there are enough reasonable republicans and democrats in
of calls on the first day boosted the average wait time to about 15 minutes but now that the first week has gone by the wait has been reduced to four minutes. >>> the government shutdown has prompted the first lady michelle obama to cancel a visit to california. some democrats were concerned about mrs. obama raising money this weekend if federal workers are furloughed since the events will political. the democratic party would have picked up her travel expenses. >>> tori...
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Nov 14, 2013
11/13
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today, the obama administration announced the first official numbers. it said 106,000 people have selected health insurance plans in the first six weeks. the administration had hoped for half a million by now. here in california, the covered california website has been far more successful than the national website. an estimated 6 million californians still don't have health insurance. ktvu's allie rasmus tonight on the progress and why many people haven't signed up. >> reporter: when michelle boseman gets sick there's only one place for her to go. >> the emergency room of course. >> reporter: using the emergency room for regular healthcare is exactly what state and federal health officials don't want people to do. it's supposed to help the uninsured sign up for coverage under the affordable care act. she signed up, but didn't follow through. >> a hassle. i don't like the hassle. >> reporter: the cover california website went live on october 1. in the first month, 30,000 californians enrolled. since november, it's picked up with another 29,000 signed up.
today, the obama administration announced the first official numbers. it said 106,000 people have selected health insurance plans in the first six weeks. the administration had hoped for half a million by now. here in california, the covered california website has been far more successful than the national website. an estimated 6 million californians still don't have health insurance. ktvu's allie rasmus tonight on the progress and why many people haven't signed up. >> reporter: when...
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Sep 14, 2013
09/13
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its had its best week since january. >>> now to the crisis in syria, today kerry discuss ed discussed the aspect. how to remove syria's chemical weapons. president obama says any deal me enforceable. >> it is absolutely for the international to response and not only detouring and repeated use of chemical weapons but hoping to get those chemical weapons outside of syria. >> unsecretary general says an a pending report of syria chemical weapons would be overwhelming. and he went -- >>> bond was questioned before a grand jury in 2003 of whether his trainer anderson has given him performance of enhancement drug. bond's testimony was misleading. his sentence of 30 days of home confinement and 250 hours of community service had been on hold of appeal. >>> it is friday night football. take us to napa. live now with the home team, justin siena is visiting sutter high school, actually, hosting sutter high. >> reporter: hi heather, beautiful football here. we got sutter of the chap chap i don't know next year champion next year. they're squaring off tonight in a non lead game. we talked to -- >
its had its best week since january. >>> now to the crisis in syria, today kerry discuss ed discussed the aspect. how to remove syria's chemical weapons. president obama says any deal me enforceable. >> it is absolutely for the international to response and not only detouring and repeated use of chemical weapons but hoping to get those chemical weapons outside of syria. >> unsecretary general says an a pending report of syria chemical weapons would be overwhelming. and he...
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Jul 1, 2013
07/13
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he's been there for now three weeks with a lung infection. people across africa say they are playing for the former apartide leader. family members say the 98-year- old is opening his eyes and reacting to their touch. >>> president obama challenged students to build on mr. mandela's vision for equality and opportunity. he also committed 7 billion u.s. dollars to the building of power grids in six african countries and he reaffirmed efforts to help fight hiv in africa. >> if there's any country in the world that shows the power of human being to affect change this is the one. you showed us how a prisoner can become a president. you've shown us how bitter adversaries can reconcile. >> although president obama was unable to visit mandela. he honored him in the island where mandela was inprisoned. >>> and temperatures cooled off a bit today. but a different story for tomorrow. coming up the one day this week neighborhoods could approach 110 degrees and ♪ [ male announcer ] for our families... our neighbors... and our communities... america's be
he's been there for now three weeks with a lung infection. people across africa say they are playing for the former apartide leader. family members say the 98-year- old is opening his eyes and reacting to their touch. >>> president obama challenged students to build on mr. mandela's vision for equality and opportunity. he also committed 7 billion u.s. dollars to the building of power grids in six african countries and he reaffirmed efforts to help fight hiv in africa. >> if...
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Oct 17, 2013
10/13
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. >> this has been a long, challenging few weeks for congress and for the country. >> reporter: the deal does not include any major changes to president obama's healthcare law which fueled conservative opposition. >> this it is far less than many of us had hoped for. but it's far better than some had sought. >> reporter: president obama applauded the down to the wire deal that reopens federal agencies and averts a financial crisis. >> we can begin to lift this cloud of uncertainty, and unease from our businesses and from the american people. >> he hopes lawmakers can work together on a budget. >> reporter: from texas senator ted cruz who read dr. suess during his 21 hour protest of the affordable care act, continued defiance. >> this is a terrible deal, and i urge my colleagues here to oppose it. >> reporter: before tonight's vote, house speaker john boehner conceded defeat, telling a cincinnati radio station, quote, we fought the good fight, we just didn't win. the hope is they'll be able to do what has been impossible up to this point, and that is to finally agree on a spending package
. >> this has been a long, challenging few weeks for congress and for the country. >> reporter: the deal does not include any major changes to president obama's healthcare law which fueled conservative opposition. >> this it is far less than many of us had hoped for. but it's far better than some had sought. >> reporter: president obama applauded the down to the wire deal that reopens federal agencies and averts a financial crisis. >> we can begin to lift this...
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May 12, 2013
05/13
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KICU
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unknown dangers. >> just a few weeks ago, obviously in boston, our entire country saw once again the strong stuff that these men and women in uniform are made. police officers, first- responders, who were running towards explosions, not knowing if there was something more on the way. >> mr. obama called on washington to support police with resources, equipment and what he called "commonsense gun measures." officers from los angeles were among those who attended today's award ceremony at white house. >>> new information accuse the internal revenue service of targeting conservative groups earlier than previousy thought. yesterday the irs apologized for election-year reviews that asked for tea party patriots in nirnames. they found that the targeting happened as early as june, 2011 and this contradicts statements to congress by the former head of the irs. irs workers screened the groups to test their status as charities. >>> uc boy, law students heard from the top law enforcement officer in the nation during their graduation ceremonies. attorney general eric holder spoke to the class of
unknown dangers. >> just a few weeks ago, obviously in boston, our entire country saw once again the strong stuff that these men and women in uniform are made. police officers, first- responders, who were running towards explosions, not knowing if there was something more on the way. >> mr. obama called on washington to support police with resources, equipment and what he called "commonsense gun measures." officers from los angeles were among those who attended today's...
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Jul 14, 2013
07/13
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one person has been injured and the fire destroyed ranch resort earlier this week. >>> time is running out for congress to pass immigration reform is before the august recess. today president obama spoke of the importance of reform as a way to boost the economy. >> under the current system, too many smart, hard-working immigrants are prevented from contributing to that success. immigration reform would make it easier for highly skilled immigrants and those who study at our colleges and universities to start businesses and create jobs right here in america. >> the house is working on a new version of immigration reform after rejecting the bill passed by the senate. earlier this week former early president george h. w. bush urged lawmakers to "keep a benevolent spirit as they debate the issue." concerns of fraud are hanging over california's new health care exchange program before it started to take patient the insurance commissioner and groups say the exchange is falling short in screening potential counselors. commissioner jones says the change "lacks a plan for investigating complaint
one person has been injured and the fire destroyed ranch resort earlier this week. >>> time is running out for congress to pass immigration reform is before the august recess. today president obama spoke of the importance of reform as a way to boost the economy. >> under the current system, too many smart, hard-working immigrants are prevented from contributing to that success. immigration reform would make it easier for highly skilled immigrants and those who study at our...
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Sep 7, 2013
09/13
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president obama continues to lobby for international support at the g 20 meeting in russia. today he refused to say what he will do if congress fails to back military action. >> i understand skepticism. i think it is very important for us to work through systematically making the case to every senator and every member of congress. >> survey say a number of news organizations indicate passage in either house or congress is far from a sure thing. >>> investigators say they know the cause of a fire that destroyed a building in martinez this morning. and what a battalion chief says the late response time. >>> it's friday night, it's a high school football game of the week complete with a full-fledged band. alstyne, oakland tech, there is revenge on their mind and we will have a live report. >>> right after the break it's hot out there. it's going to be hotter this weekend. how hot in your neighborhood? the details coming up . >>> fire burning in yosemite national park is growing today. but major road into the park has reopened. fire fighters on highway allowed highway 120 to ope
president obama continues to lobby for international support at the g 20 meeting in russia. today he refused to say what he will do if congress fails to back military action. >> i understand skepticism. i think it is very important for us to work through systematically making the case to every senator and every member of congress. >> survey say a number of news organizations indicate passage in either house or congress is far from a sure thing. >>> investigators say they...
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Feb 27, 2013
02/13
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jack lew is president obama's pick to replace treasury secretary tim geithner. the vote by the senate finance committee came down to 19 for and 5 against the nominee. more witnesses will be called to the stand this week to testify in the civil trial against bp. yesterday a key witness testified that bp was focused on cost-cutting, which sacrificed safety, ahead of the deepwater horizon explosion that killed 11 people 3 years ago. it is the first phase of the trial, in which the plantiff will attempt to prove the severity of bp's negligence leading up to the massive oil spill. the plantiffs are expected to call the chairman and president of bp america to the stand next. a $1-billion cost-cutting plan is underway at jpmorgan chase. the bank is eliminating 4,000 jobs this year in consumer banking, mostly through attrition. eventually, 19,000 jobs will be cut from its home loan business. the firm no longer needs as many people to handle defaults, which are dwindling. meanwhile, 15,000 people will be hired in asset management and commercial banking units. meanwhile,
jack lew is president obama's pick to replace treasury secretary tim geithner. the vote by the senate finance committee came down to 19 for and 5 against the nominee. more witnesses will be called to the stand this week to testify in the civil trial against bp. yesterday a key witness testified that bp was focused on cost-cutting, which sacrificed safety, ahead of the deepwater horizon explosion that killed 11 people 3 years ago. it is the first phase of the trial, in which the plantiff will...